iShares S&P 500 Growth ETF $IVW Shares Acquired by Sax Wealth Advisors LLC

Sax Wealth Advisors LLC boosted its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 34.4% during the second quarter, HoldingsChannel reports. The fund owned 15,805 shares of the company’s stock after buying an additional 4,046 shares during the period. Sax Wealth Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $2,174,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in IVW. Strive Financial Group LLC acquired a new stake in iShares S&P 500 Growth ETF during the fourth quarter worth $26,000. Decker Retirement Planning Inc. acquired a new position in shares of iShares S&P 500 Growth ETF in the 4th quarter valued at $28,000. Financial Network Wealth Advisors LLC lifted its stake in shares of iShares S&P 500 Growth ETF by 174.4% in the 4th quarter. Financial Network Wealth Advisors LLC now owns 225 shares of the company’s stock valued at $28,000 after purchasing an additional 143 shares during the last quarter. Turning Point Benefit Group Inc. purchased a new position in shares of iShares S&P 500 Growth ETF during the 3rd quarter worth $28,000. Finally, Thurston Springer Miller Herd & Titak Inc. grew its holdings in shares of iShares S&P 500 Growth ETF by 1,071.4% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 246 shares of the company’s stock worth $34,000 after purchasing an additional 225 shares during the period.

iShares S&P 500 Growth ETF Stock Performance

Shares of NYSEARCA:IVW opened at $142.10 on Monday. The business has a 50-day moving average price of $136.32 and a 200 day moving average price of $128.32. The company has a market capitalization of $77.58 billion, a price-to-earnings ratio of 33.33 and a beta of 1.17. iShares S&P 500 Growth ETF has a 12-month low of $108.13 and a 12-month high of $143.26.

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. 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.