Redwood Wealth Management Group LLC lowered its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW – Free Report) by 2.6% in the fourth quarter, HoldingsChannel reports. The firm owned 34,024 shares of the company’s stock after selling 915 shares during the period. iShares S&P 500 Growth ETF makes up about 1.7% of Redwood Wealth Management Group LLC’s portfolio, making the stock its 11th biggest holding. Redwood Wealth Management Group LLC’s holdings in iShares S&P 500 Growth ETF were worth $3,452,000 at the end of the most recent reporting period.
Other hedge funds have also recently modified their holdings of the company. Hantz Financial Services Inc. acquired a new position in iShares S&P 500 Growth ETF in the fourth quarter valued at about $40,000. Element Wealth LLC lifted its position in iShares S&P 500 Growth ETF by 31.1% in the third quarter. Element Wealth LLC now owns 577 shares of the company’s stock valued at $55,000 after buying an additional 137 shares during the last quarter. Valued Wealth Advisors LLC lifted its position in iShares S&P 500 Growth ETF by 160.2% in the third quarter. Valued Wealth Advisors LLC now owns 601 shares of the company’s stock valued at $58,000 after buying an additional 370 shares during the last quarter. Copley Financial Group Inc. acquired a new position in iShares S&P 500 Growth ETF in the third quarter valued at about $64,000. Finally, ORG Wealth Partners LLC acquired a new position in iShares S&P 500 Growth ETF in the third quarter valued at about $66,000.
iShares S&P 500 Growth ETF Price Performance
NYSEARCA IVW opened at $104.42 on Wednesday. The firm’s 50-day moving average is $103.19 and its two-hundred day moving average is $97.44. iShares S&P 500 Growth ETF has a 12 month low of $79.07 and a 12 month high of $107.14. The stock has a market capitalization of $54.71 billion, a P/E ratio of 28.52 and a beta of 1.14.
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.
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Want to see what other hedge funds are holding IVW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares S&P 500 Growth ETF (NYSEARCA:IVW – Free Report).
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