Institute for Wealth Management LLC. Has $2.22 Million Holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Institute for Wealth Management LLC. lifted its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 11.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 29,557 shares of the company’s stock after purchasing an additional 2,965 shares during the quarter. Institute for Wealth Management LLC.’s holdings in iShares S&P 500 Growth ETF were worth $2,220,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of the company. Nicolet Advisory Services LLC grew its holdings in shares of iShares S&P 500 Growth ETF by 2.0% during the 3rd quarter. Nicolet Advisory Services LLC now owns 7,575 shares of the company’s stock worth $518,000 after purchasing an additional 152 shares in the last quarter. Gallagher Fiduciary Advisors LLC grew its holdings in shares of iShares S&P 500 Growth ETF by 4.5% during the 3rd quarter. Gallagher Fiduciary Advisors LLC now owns 3,526 shares of the company’s stock worth $241,000 after purchasing an additional 153 shares in the last quarter. Allen Capital Group LLC grew its holdings in shares of iShares S&P 500 Growth ETF by 4.7% during the 4th quarter. Allen Capital Group LLC now owns 3,421 shares of the company’s stock worth $257,000 after purchasing an additional 155 shares in the last quarter. Lake Street Financial LLC grew its holdings in shares of iShares S&P 500 Growth ETF by 4.6% during the 3rd quarter. Lake Street Financial LLC now owns 3,710 shares of the company’s stock worth $255,000 after purchasing an additional 163 shares in the last quarter. Finally, First Manhattan Co. lifted its position in shares of iShares S&P 500 Growth ETF by 0.5% during the 1st quarter. First Manhattan Co. now owns 37,027 shares of the company’s stock worth $2,828,000 after buying an additional 166 shares during the period.

iShares S&P 500 Growth ETF Price Performance

Shares of iShares S&P 500 Growth ETF stock traded down $1.76 during midday trading on Friday, hitting $79.36. 3,006,840 shares of the company were exchanged, compared to its average volume of 3,690,144. The firm has a market cap of $41.64 billion, a P/E ratio of 28.34 and a beta of 1.10. iShares S&P 500 Growth ETF has a 52 week low of $63.10 and a 52 week high of $85.56. The firm has a 50 day simple moving average of $83.08 and a 200-day simple moving average of $76.52.

iShares S&P 500 Growth ETF 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.