Spectrum Planning & Advisory Services Inc. Has $8.37 Million Stock Position in iShares S&P 500 Growth ETF $IVW

Spectrum Planning & Advisory Services Inc. lifted its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 8.4% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 67,919 shares of the company’s stock after acquiring an additional 5,289 shares during the quarter. iShares S&P 500 Growth ETF accounts for about 4.3% of Spectrum Planning & Advisory Services Inc.’s holdings, making the stock its 5th biggest holding. Spectrum Planning & Advisory Services Inc.’s holdings in iShares S&P 500 Growth ETF were worth $8,372,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in IVW. Valpey Financial Services LLC lifted its holdings in shares of iShares S&P 500 Growth ETF by 11,889.3% in the 4th quarter. Valpey Financial Services LLC now owns 712,286 shares of the company’s stock worth $87,796,000 after acquiring an additional 706,345 shares during the last quarter. AlphaCore Capital LLC lifted its holdings in shares of iShares S&P 500 Growth ETF by 522.0% in the 4th quarter. AlphaCore Capital LLC now owns 299,535 shares of the company’s stock worth $36,921,000 after acquiring an additional 251,375 shares during the last quarter. Lido Advisors LLC raised its holdings in iShares S&P 500 Growth ETF by 6.5% during the 3rd quarter. Lido Advisors LLC now owns 3,639,449 shares of the company’s stock valued at $439,354,000 after buying an additional 221,311 shares during the last quarter. Sofi Wealth LLC raised its holdings in iShares S&P 500 Growth ETF by 10.4% during the 4th quarter. Sofi Wealth LLC now owns 2,104,088 shares of the company’s stock valued at $259,350,000 after buying an additional 198,832 shares during the last quarter. Finally, Vestmark Advisory Solutions Inc. raised its holdings in iShares S&P 500 Growth ETF by 231.7% during the 3rd quarter. Vestmark Advisory Solutions Inc. now owns 273,381 shares of the company’s stock valued at $33,003,000 after buying an additional 190,970 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Down 0.1%

NYSEARCA:IVW opened at $141.38 on Wednesday. The company has a fifty day moving average of $127.21 and a 200 day moving average of $123.77. iShares S&P 500 Growth ETF has a 52 week low of $104.02 and a 52 week high of $141.98. The firm has a market capitalization of $76.62 billion, a P/E ratio of 33.33 and a beta of 1.17.

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.