WealthCare Asset Management LLC Takes Position in iShares S&P 500 Growth ETF $IVW

WealthCare Asset Management LLC acquired a new stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 18,496 shares of the company’s stock, valued at approximately $2,242,000. iShares S&P 500 Growth ETF makes up 1.5% of WealthCare Asset Management LLC’s investment portfolio, making the stock its 16th largest holding.

Other institutional investors have also recently made changes to their positions in the company. Decker Retirement Planning Inc. purchased a new position in shares of iShares S&P 500 Growth ETF during the fourth quarter valued at about $28,000. Financial Network Wealth Advisors LLC grew its position in shares of iShares S&P 500 Growth ETF by 174.4% during the fourth quarter. Financial Network Wealth Advisors LLC now owns 225 shares of the company’s stock valued at $28,000 after purchasing an additional 143 shares in the last quarter. Turning Point Benefit Group Inc. purchased a new position in shares of iShares S&P 500 Growth ETF during the third quarter valued at about $28,000. Entrust Financial LLC purchased a new position in shares of iShares S&P 500 Growth ETF during the fourth quarter valued at about $33,000. Finally, Darwin Wealth Management LLC purchased a new position in shares of iShares S&P 500 Growth ETF during the second quarter valued at about $30,000.

iShares S&P 500 Growth ETF Stock Down 1.1%

Shares of iShares S&P 500 Growth ETF stock opened at $137.18 on Wednesday. The firm has a market cap of $74.34 billion, a price-to-earnings ratio of 33.33 and a beta of 1.17. The business has a 50-day moving average price of $132.33 and a 200-day moving average price of $125.01. iShares S&P 500 Growth ETF has a twelve month low of $104.21 and a twelve month high of $141.98.

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.