GEN Financial Management INC. Has $632,000 Stock Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

GEN Financial Management INC. decreased its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1.8% in the first quarter, Holdings Channel.com reports. The firm owned 6,805 shares of the company’s stock after selling 128 shares during the period. iShares S&P 500 Growth ETF comprises 0.4% of GEN Financial Management INC.’s holdings, making the stock its 24th largest holding. GEN Financial Management INC.’s holdings in iShares S&P 500 Growth ETF were worth $632,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Yousif Capital Management LLC increased its stake in iShares S&P 500 Growth ETF by 27.2% during the fourth quarter. Yousif Capital Management LLC now owns 5,445 shares of the company’s stock valued at $553,000 after acquiring an additional 1,165 shares during the period. Strategic Financial Concepts LLC increased its stake in iShares S&P 500 Growth ETF by 10,066.9% during the fourth quarter. Strategic Financial Concepts LLC now owns 425,892 shares of the company’s stock valued at $479,000 after acquiring an additional 421,703 shares during the period. Empowered Funds LLC bought a new position in iShares S&P 500 Growth ETF during the fourth quarter valued at about $98,000. Allspring Global Investments Holdings LLC increased its stake in iShares S&P 500 Growth ETF by 16.5% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 2,938 shares of the company’s stock valued at $298,000 after acquiring an additional 416 shares during the period. Finally, Hidden Cove Wealth Management LLC bought a new position in iShares S&P 500 Growth ETF during the fourth quarter valued at about $480,000.

iShares S&P 500 Growth ETF Stock Up 0.4%

Shares of IVW opened at $106.41 on Friday. iShares S&P 500 Growth ETF has a 12-month low of $79.31 and a 12-month high of $107.14. The firm has a market capitalization of $57.39 billion, a price-to-earnings ratio of 29.66 and a beta of 1.12. The stock’s 50-day moving average price is $97.61 and its 200 day moving average price is $99.78.

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.