33,654 Shares in iShares S&P 500 Growth ETF $IVW Bought by WealthPoint Financial LLC

WealthPoint Financial LLC bought a new stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the fourth quarter, Holdings Channel reports. The fund bought 33,654 shares of the company’s stock, valued at approximately $4,148,000. iShares S&P 500 Growth ETF accounts for 3.6% of WealthPoint Financial LLC’s holdings, making the stock its 4th largest position.

Other hedge funds also recently added to or reduced their stakes in the company. Brookstone Capital Management lifted its holdings in iShares S&P 500 Growth ETF by 5.7% in the fourth quarter. Brookstone Capital Management now owns 237,167 shares of the company’s stock valued at $29,233,000 after acquiring an additional 12,778 shares during the period. Capital Advantage Inc. grew its stake in shares of iShares S&P 500 Growth ETF by 40.9% during the 4th quarter. Capital Advantage Inc. now owns 25,498 shares of the company’s stock worth $3,143,000 after purchasing an additional 7,396 shares during the period. Meridian Wealth Advisors LLC grew its stake in shares of iShares S&P 500 Growth ETF by 75.0% during the 3rd quarter. Meridian Wealth Advisors LLC now owns 41,747 shares of the company’s stock worth $5,040,000 after purchasing an additional 17,896 shares during the period. Embree Financial Group increased its holdings in shares of iShares S&P 500 Growth ETF by 61.2% during the 4th quarter. Embree Financial Group now owns 61,699 shares of the company’s stock valued at $7,605,000 after purchasing an additional 23,416 shares in the last quarter. Finally, Lido Advisors LLC increased its holdings in shares of 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 purchasing an additional 221,311 shares in the last quarter.

iShares S&P 500 Growth ETF Price Performance

IVW opened at $137.96 on Friday. The firm has a fifty day moving average price of $133.19 and a 200 day moving average price of $125.20. iShares S&P 500 Growth ETF has a 1 year low of $104.21 and a 1 year high of $141.98. The stock has a market cap of $74.77 billion, a P/E ratio of 33.33 and a beta of 1.17.

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. 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.