Asset One Wealth Management LLC Makes New $6.66 Million Investment in iShares S&P 500 Growth ETF $IVW

Asset One Wealth Management LLC bought a new position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 53,547 shares of the company’s stock, valued at approximately $6,655,000. iShares S&P 500 Growth ETF accounts for approximately 0.9% of Asset One Wealth Management LLC’s portfolio, making the stock its 23rd largest position.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Smith Moore & CO. grew its stake in iShares S&P 500 Growth ETF by 2.9% in the 3rd quarter. Smith Moore & CO. now owns 3,021 shares of the company’s stock worth $365,000 after acquiring an additional 85 shares during the period. Gerber Kawasaki Wealth & Investment Management boosted its holdings in shares of iShares S&P 500 Growth ETF by 0.7% in the 3rd quarter. Gerber Kawasaki Wealth & Investment Management now owns 11,647 shares of the company’s stock valued at $1,406,000 after purchasing an additional 86 shares during the last quarter. Proactive Wealth Strategies LLC boosted its holdings in shares of iShares S&P 500 Growth ETF by 1.0% in the 4th quarter. Proactive Wealth Strategies LLC now owns 8,817 shares of the company’s stock valued at $1,087,000 after purchasing an additional 86 shares during the last quarter. Ignite Planners LLC boosted its holdings in shares of iShares S&P 500 Growth ETF by 4.7% in the 4th quarter. Ignite Planners LLC now owns 1,948 shares of the company’s stock valued at $241,000 after purchasing an additional 88 shares during the last quarter. Finally, First National Bank & Trust Co. of Newtown boosted its holdings in shares of iShares S&P 500 Growth ETF by 1.3% in the 4th quarter. First National Bank & Trust Co. of Newtown now owns 7,859 shares of the company’s stock valued at $969,000 after purchasing an additional 100 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Down 1.1%

Shares of IVW opened at $135.68 on Thursday. The firm has a market cap of $73.53 billion, a PE ratio of 33.33 and a beta of 1.17. The company’s fifty day moving average is $132.74 and its two-hundred day moving average is $125.09. iShares S&P 500 Growth ETF has a fifty-two week low of $104.21 and a fifty-two week high of $141.98.

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.