Bedminster LLC Buys New Position in iShares S&P 500 Growth ETF $IVW

Bedminster LLC bought 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 & Exchange Commission. The institutional investor bought 7,736 shares of the company’s stock, valued at approximately $954,000. iShares S&P 500 Growth ETF makes up approximately 0.9% of Bedminster LLC’s portfolio, making the stock its 19th biggest position.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Little House Capital LLC raised its holdings in iShares S&P 500 Growth ETF by 2.0% in the third quarter. Little House Capital LLC now owns 3,993 shares of the company’s stock worth $482,000 after purchasing an additional 80 shares in the last quarter. Smith Moore & CO. raised its holdings in iShares S&P 500 Growth ETF by 2.9% in the third quarter. Smith Moore & CO. now owns 3,021 shares of the company’s stock worth $365,000 after purchasing an additional 85 shares in the last quarter. Frazier Financial Advisors LLC raised its holdings in iShares S&P 500 Growth ETF by 11.4% in the third quarter. Frazier Financial Advisors LLC now owns 843 shares of the company’s stock worth $102,000 after purchasing an additional 86 shares in the last quarter. Gerber Kawasaki Wealth & Investment Management raised its holdings in iShares S&P 500 Growth ETF by 0.7% in the third quarter. Gerber Kawasaki Wealth & Investment Management now owns 11,647 shares of the company’s stock worth $1,406,000 after purchasing an additional 86 shares in the last quarter. Finally, Proactive Wealth Strategies LLC raised its holdings in iShares S&P 500 Growth ETF by 1.0% in the fourth quarter. Proactive Wealth Strategies LLC now owns 8,817 shares of the company’s stock worth $1,087,000 after purchasing an additional 86 shares in the last quarter.

iShares S&P 500 Growth ETF Trading Up 1.2%

IVW opened at $138.91 on Friday. The stock has a fifty day simple moving average of $122.61 and a two-hundred day simple moving average of $122.63. The company has a market cap of $75.28 billion, a price-to-earnings ratio of 33.33 and a beta of 1.17. iShares S&P 500 Growth ETF has a 12-month low of $100.76 and a 12-month high of $139.10.

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.