iShares S&P 500 Growth ETF (NYSEARCA:IVW) is ShoreHaven Wealth Partners LLC’s Largest Position

ShoreHaven Wealth Partners LLC reduced its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 0.7% during the 4th quarter, HoldingsChannel reports. The fund owned 241,195 shares of the company’s stock after selling 1,719 shares during the period. iShares S&P 500 Growth ETF accounts for 11.6% of ShoreHaven Wealth Partners LLC’s holdings, making the stock its biggest position. ShoreHaven Wealth Partners LLC’s holdings in iShares S&P 500 Growth ETF were worth $24,489,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of IVW. International Assets Investment Management LLC boosted its position in iShares S&P 500 Growth ETF by 10,365.3% during the third quarter. International Assets Investment Management LLC now owns 1,584,755 shares of the company’s stock valued at $151,740,000 after purchasing an additional 1,569,612 shares during the last quarter. The Manufacturers Life Insurance Company purchased a new stake in shares of iShares S&P 500 Growth ETF during the 3rd quarter worth about $82,464,000. Arvest Bank Trust Division purchased a new stake in shares of iShares S&P 500 Growth ETF during the 3rd quarter worth about $56,971,000. Strategic Financial Concepts LLC lifted its holdings in shares of iShares S&P 500 Growth ETF by 10,066.9% during the 4th quarter. Strategic Financial Concepts LLC now owns 425,892 shares of the company’s stock valued at $479,000 after buying an additional 421,703 shares during the last quarter. Finally, Sanctuary Advisors LLC grew its stake in shares of iShares S&P 500 Growth ETF by 29.8% in the 3rd quarter. Sanctuary Advisors LLC now owns 1,412,222 shares of the company’s stock valued at $140,686,000 after buying an additional 324,178 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Performance

NYSEARCA:IVW opened at $106.44 on Friday. The company has a market capitalization of $55.76 billion, a P/E ratio of 28.52 and a beta of 1.14. The stock’s 50 day moving average price is $103.73 and its 200 day moving average price is $98.07. iShares S&P 500 Growth ETF has a 52 week low of $79.07 and a 52 week high of $107.14.

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.