BKM Wealth Management LLC Has $10.32 Million Holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

BKM Wealth Management LLC lessened its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1.9% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 101,621 shares of the company’s stock after selling 2,007 shares during the quarter. iShares S&P 500 Growth ETF comprises 4.2% of BKM Wealth Management LLC’s portfolio, making the stock its 4th largest holding. BKM Wealth Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $10,318,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. LPL Financial LLC boosted its stake in iShares S&P 500 Growth ETF by 1.7% during the third quarter. LPL Financial LLC now owns 15,682,897 shares of the company’s stock valued at $1,501,637,000 after buying an additional 255,991 shares during the period. Stifel Financial Corp raised its holdings in shares of iShares S&P 500 Growth ETF by 0.3% in the 3rd quarter. Stifel Financial Corp now owns 7,475,408 shares of the company’s stock valued at $715,775,000 after acquiring an additional 22,565 shares in the last quarter. PNC Financial Services Group Inc. boosted its position in shares of iShares S&P 500 Growth ETF by 2.6% during the 3rd quarter. PNC Financial Services Group Inc. now owns 5,329,231 shares of the company’s stock valued at $510,274,000 after acquiring an additional 134,169 shares during the last quarter. Park Avenue Securities LLC grew its holdings in shares of iShares S&P 500 Growth ETF by 0.4% during the fourth quarter. Park Avenue Securities LLC now owns 3,817,542 shares of the company’s stock worth $387,595,000 after purchasing an additional 15,623 shares in the last quarter. Finally, Huntington National Bank increased its position in shares of iShares S&P 500 Growth ETF by 0.3% in the third quarter. Huntington National Bank now owns 2,560,058 shares of the company’s stock worth $245,126,000 after purchasing an additional 7,447 shares during the last quarter.

iShares S&P 500 Growth ETF Price Performance

Shares of IVW opened at $106.63 on Tuesday. iShares S&P 500 Growth ETF has a 1-year low of $79.07 and a 1-year high of $107.14. The company has a market capitalization of $55.86 billion, a P/E ratio of 28.52 and a beta of 1.14. The firm’s 50 day simple moving average is $103.85 and its 200 day simple moving average is $98.36.

iShares S&P 500 Growth ETF Company Profile

iShares S&P 500 Growth ETF, formerly iShares S&P 500 Growth Index Fund (the Growth Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P 500/Citigroup Growth Index (the Growth Index). The Growth Index measures the performance of the large-capitalization growth sector of the United States equity market.