Signature Wealth Management Partners LLC Increases Position in iShares S&P 500 Growth ETF $IVW

Signature Wealth Management Partners LLC increased its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 5.7% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 118,305 shares of the company’s stock after purchasing an additional 6,351 shares during the period. iShares S&P 500 Growth ETF makes up about 6.7% of Signature Wealth Management Partners LLC’s holdings, making the stock its 5th biggest position. Signature Wealth Management Partners LLC’s holdings in iShares S&P 500 Growth ETF were worth $13,382,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Strive Financial Group LLC bought a new position in shares of iShares S&P 500 Growth ETF during the 4th quarter worth approximately $26,000. Decker Retirement Planning Inc. bought a new stake in shares of iShares S&P 500 Growth ETF in the 4th quarter valued at $28,000. Financial Network Wealth Advisors LLC increased 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 acquiring an additional 143 shares in the last quarter. Turning Point Benefit Group Inc. acquired a new position in shares of iShares S&P 500 Growth ETF during the 3rd quarter valued at $28,000. Finally, Entrust Financial LLC acquired a new position in shares of iShares S&P 500 Growth ETF during the 4th quarter valued at $33,000.

iShares S&P 500 Growth ETF Stock Performance

Shares of NYSEARCA:IVW opened at $132.58 on Friday. iShares S&P 500 Growth ETF has a 52-week low of $108.13 and a 52-week high of $141.98. The business’s 50 day simple moving average is $134.68 and its two-hundred day simple moving average is $125.64. The firm has a market cap of $71.85 billion, a P/E ratio of 33.33 and a beta of 1.17.

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.