Cornerstone Planning Group LLC Has $6.48 Million Stock Position in iShares S&P 500 Growth ETF $IVW

Cornerstone Planning Group LLC grew its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 39.4% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 57,269 shares of the company’s stock after acquiring an additional 16,198 shares during the quarter. iShares S&P 500 Growth ETF accounts for approximately 0.9% of Cornerstone Planning Group LLC’s investment portfolio, making the stock its 23rd biggest position. Cornerstone Planning Group LLC’s holdings in iShares S&P 500 Growth ETF were worth $6,478,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the business. Strive Financial Group LLC bought a new stake in iShares S&P 500 Growth ETF in the 4th quarter valued at about $26,000. Decker Retirement Planning Inc. bought a new position in shares of iShares S&P 500 Growth ETF during the fourth quarter worth approximately $28,000. Financial Network Wealth Advisors LLC increased its holdings 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 worth $28,000 after purchasing an additional 143 shares during the period. Turning Point Benefit Group Inc. acquired a new stake in shares of iShares S&P 500 Growth ETF in the third quarter valued at approximately $28,000. Finally, Darwin Wealth Management LLC acquired a new stake in shares of iShares S&P 500 Growth ETF in the second quarter valued at approximately $30,000.

iShares S&P 500 Growth ETF Trading Down 1.5%

Shares of IVW stock opened at $134.26 on Friday. The stock has a market cap of $73.16 billion, a P/E ratio of 33.33 and a beta of 1.17. The stock has a 50 day simple moving average of $136.68 and a 200 day simple moving average of $127.04. iShares S&P 500 Growth ETF has a 1 year low of $108.13 and a 1 year high of $141.98.

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.