LifeSteps Financial Inc. Buys 12,107 Shares of iShares S&P 500 Growth ETF $IVW

LifeSteps Financial Inc. increased its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 101.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 23,991 shares of the company’s stock after buying an additional 12,107 shares during the period. iShares S&P 500 Growth ETF accounts for approximately 1.7% of LifeSteps Financial Inc.’s investment portfolio, making the stock its 15th biggest holding. LifeSteps Financial Inc.’s holdings in iShares S&P 500 Growth ETF were worth $3,413,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in IVW. Curated Wealth Partners LLC acquired a new position in iShares S&P 500 Growth ETF during the third quarter worth $346,000. Orgel Wealth Management LLC lifted its stake in shares of iShares S&P 500 Growth ETF by 6.0% in the third quarter. Orgel Wealth Management LLC now owns 15,590 shares of the company’s stock valued at $2,218,000 after buying an additional 880 shares in the last quarter. ASL Financial LLC lifted its stake in shares of iShares S&P 500 Growth ETF by 55.4% in the third quarter. ASL Financial LLC now owns 11,546 shares of the company’s stock valued at $1,643,000 after buying an additional 4,117 shares in the last quarter. Mather Group LLC. grew its holdings in shares of iShares S&P 500 Growth ETF by 0.7% during the third quarter. Mather Group LLC. now owns 89,623 shares of the company’s stock valued at $12,750,000 after buying an additional 583 shares during the last quarter. Finally, West Wealth Group LLC grew its holdings in shares of iShares S&P 500 Growth ETF by 5.2% during the third quarter. West Wealth Group LLC now owns 511,976 shares of the company’s stock valued at $72,834,000 after buying an additional 25,108 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Performance

IVW traded down $0.54 during midday trading on Thursday, reaching $141.28. 977,583 shares of the company were exchanged, compared to its average volume of 3,011,934. The company’s fifty day moving average price is $141.18 and its 200 day moving average price is $135.49. iShares S&P 500 Growth ETF has a one year low of $108.13 and a one year high of $146.83. The company has a market cap of $78.12 billion, a price-to-earnings ratio of 33.33 and a beta of 1.17.

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.