Marks Group Wealth Management Inc Boosts Holdings in iShares S&P 500 Growth ETF $IVW

Marks Group Wealth Management Inc lifted its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 32.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 27,385 shares of the company’s stock after purchasing an additional 6,656 shares during the period. Marks Group Wealth Management Inc’s holdings in iShares S&P 500 Growth ETF were worth $3,375,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Smith Moore & CO. lifted its position in shares of iShares S&P 500 Growth ETF by 2.9% in the 3rd quarter. Smith Moore & CO. now owns 3,021 shares of the company’s stock worth $365,000 after purchasing an additional 85 shares during the period. Gerber Kawasaki Wealth & Investment Management lifted its position in shares of iShares S&P 500 Growth ETF by 0.7% in the 3rd quarter. Gerber Kawasaki Wealth & Investment Management now owns 11,647 shares of the company’s stock worth $1,406,000 after purchasing an additional 86 shares during the period. Proactive Wealth Strategies LLC lifted its position in shares of iShares S&P 500 Growth ETF by 1.0% in the 4th quarter. Proactive Wealth Strategies LLC now owns 8,817 shares of the company’s stock worth $1,087,000 after purchasing an additional 86 shares during the period. Ignite Planners LLC lifted its position in shares of iShares S&P 500 Growth ETF by 4.7% in the 4th quarter. Ignite Planners LLC now owns 1,948 shares of the company’s stock worth $241,000 after purchasing an additional 88 shares during the period. Finally, First National Bank & Trust Co. of Newtown increased its stake in shares of iShares S&P 500 Growth ETF by 1.3% in the 4th quarter. First National Bank & Trust Co. of Newtown now owns 7,859 shares of the company’s stock worth $969,000 after acquiring an additional 100 shares in the last quarter.

iShares S&P 500 Growth ETF Price Performance

Shares of iShares S&P 500 Growth ETF stock opened at $135.49 on Tuesday. The company has a 50-day moving average of $129.61 and a 200 day moving average of $124.38. The firm has a market cap of $73.43 billion, a price-to-earnings ratio of 33.33 and a beta of 1.17. iShares S&P 500 Growth ETF has a 1 year low of $104.21 and a 1 year high of $141.98.

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.