Hoxton Planning & Management LLC Increases Position in iShares S&P 500 Growth ETF $IVW

Hoxton Planning & Management LLC lifted its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 8.4% in the 1st quarter, Holdings Channel reports. The firm owned 50,975 shares of the company’s stock after purchasing an additional 3,967 shares during the quarter. iShares S&P 500 Growth ETF accounts for approximately 1.7% of Hoxton Planning & Management LLC’s portfolio, making the stock its 14th biggest position. Hoxton Planning & Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $5,766,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in IVW. Strive Financial Group LLC purchased a new position in iShares S&P 500 Growth ETF in the fourth quarter valued at about $26,000. Decker Retirement Planning Inc. acquired a new stake in shares of iShares S&P 500 Growth ETF during the 4th quarter valued at approximately $28,000. Financial Network Wealth Advisors LLC boosted its stake in shares of iShares S&P 500 Growth ETF by 174.4% during the 4th quarter. Financial Network Wealth Advisors LLC now owns 225 shares of the company’s stock worth $28,000 after acquiring an additional 143 shares in the last quarter. Turning Point Benefit Group Inc. purchased a new stake in shares of iShares S&P 500 Growth ETF during the 3rd quarter worth approximately $28,000. Finally, Darwin Wealth Management LLC acquired a new stake in shares of iShares S&P 500 Growth ETF in the 2nd quarter worth approximately $30,000.

iShares S&P 500 Growth ETF Price Performance

IVW opened at $133.36 on Thursday. iShares S&P 500 Growth ETF has a 1-year low of $107.57 and a 1-year high of $141.98. The stock has a market cap of $72.27 billion, a P/E ratio of 33.33 and a beta of 1.17. The stock’s 50 day simple moving average is $134.38 and its 200 day simple moving average is $125.53.

About iShares S&P 500 Growth ETF

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. The Growth Index is a subset of the S&P 500 and consists of those stocks in the S&P 500 exhibiting the strongest growth characteristics.