Sound View Wealth Advisors Group LLC Raises Stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Sound View Wealth Advisors Group LLC boosted its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 7.1% in the 4th quarter, Holdings Channel reports. The institutional investor owned 13,931 shares of the company’s stock after purchasing an additional 925 shares during the period. Sound View Wealth Advisors Group LLC’s holdings in iShares S&P 500 Growth ETF were worth $1,414,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. BankPlus Trust Department purchased a new stake in iShares S&P 500 Growth ETF in the fourth quarter worth approximately $36,000. Hantz Financial Services Inc. purchased a new stake in iShares S&P 500 Growth ETF in the fourth quarter worth approximately $40,000. Compass Financial Services Inc purchased a new stake in iShares S&P 500 Growth ETF in the fourth quarter worth approximately $40,000. Bellevue Asset Management LLC purchased a new stake in iShares S&P 500 Growth ETF in the fourth quarter worth approximately $42,000. Finally, POM Investment Strategies LLC boosted its stake in iShares S&P 500 Growth ETF by 194.8% in the fourth quarter. POM Investment Strategies LLC now owns 457 shares of the company’s stock worth $46,000 after buying an additional 302 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Performance

NYSEARCA:IVW opened at $96.55 on Monday. The firm has a market cap of $53.31 billion, a PE ratio of 30.05 and a beta of 1.08. iShares S&P 500 Growth ETF has a fifty-two week low of $79.07 and a fifty-two week high of $107.14. The business has a 50 day moving average price of $103.14 and a 200-day moving average price of $99.62.

About iShares S&P 500 Growth ETF

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.