Lifestyle Asset Management Inc. Increases Stock Holdings in iShares S&P 500 Growth ETF $IVW

Lifestyle Asset Management Inc. lifted its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 419.7% in the fourth quarter, Holdings Channel.com reports. The firm owned 26,438 shares of the company’s stock after buying an additional 21,351 shares during the period. iShares S&P 500 Growth ETF comprises about 1.1% of Lifestyle Asset Management Inc.’s holdings, making the stock its 20th biggest position. Lifestyle Asset Management Inc.’s holdings in iShares S&P 500 Growth ETF were worth $3,259,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of IVW. Decker Retirement Planning Inc. purchased a new position in shares of iShares S&P 500 Growth ETF in the 4th quarter worth approximately $28,000. Turning Point Benefit Group Inc. bought a new stake in shares of iShares S&P 500 Growth ETF during the 3rd quarter worth approximately $28,000. Darwin Wealth Management LLC bought a new stake in shares of iShares S&P 500 Growth ETF during the 2nd quarter worth approximately $30,000. Howe & Rusling Inc. lifted its stake in shares of iShares S&P 500 Growth ETF by 484.1% during the 3rd quarter. Howe & Rusling Inc. now owns 257 shares of the company’s stock worth $31,000 after acquiring an additional 213 shares during the last quarter. Finally, Entrust Financial LLC bought a new stake in shares of iShares S&P 500 Growth ETF during the 4th quarter worth approximately $33,000.

iShares S&P 500 Growth ETF Stock Performance

Shares of IVW stock opened at $139.93 on Friday. iShares S&P 500 Growth ETF has a 52-week low of $104.02 and a 52-week high of $141.98. The firm has a market capitalization of $75.84 billion, a P/E ratio of 33.33 and a beta of 1.17. The stock has a 50 day moving average price of $128.75 and a 200 day moving average price of $124.16.

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. 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.