iShares S&P 500 Growth ETF $IVW Stake Lifted by GDS Wealth Management

GDS Wealth Management increased its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 4.2% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,005 shares of the company’s stock after buying an additional 280 shares during the quarter. GDS Wealth Management’s holdings in iShares S&P 500 Growth ETF were worth $650,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Elite Financial Inc. bought a new position in iShares S&P 500 Growth ETF during the first quarter valued at about $26,000. Mechanics Financial Corp purchased a new stake in shares of iShares S&P 500 Growth ETF during the first quarter valued at $27,000. Copia Wealth Management purchased a new stake in shares of iShares S&P 500 Growth ETF during the fourth quarter valued at $30,000. Whipplewood Advisors LLC purchased a new stake in shares of iShares S&P 500 Growth ETF during the first quarter valued at $32,000. Finally, Mowery & Schoenfeld Wealth Management LLC purchased a new stake in shares of iShares S&P 500 Growth ETF during the first quarter valued at $33,000.

iShares S&P 500 Growth ETF Stock Down 1.3%

Shares of NYSEARCA IVW opened at $114.11 on Wednesday. iShares S&P 500 Growth ETF has a 12 month low of $79.31 and a 12 month high of $116.38. The company has a market cap of $62.53 billion, a price-to-earnings ratio of 33.33 and a beta of 1.05. The business has a fifty day simple moving average of $111.10 and a 200-day simple moving average of $102.46.

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.