Sofi Wealth LLC grew its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW – Free Report) by 4,023.6% in the 1st quarter, HoldingsChannel reports. The firm owned 1,857,008 shares of the company’s stock after acquiring an additional 1,811,974 shares during the quarter. iShares S&P 500 Growth ETF makes up about 13.0% of Sofi Wealth LLC’s holdings, making the stock its 3rd biggest holding. Sofi Wealth LLC’s holdings in iShares S&P 500 Growth ETF were worth $172,386,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently modified their holdings of the company. Mountain Hill Investment Partners Corp. bought a new stake in shares of iShares S&P 500 Growth ETF in the 4th quarter valued at about $28,000. Copia Wealth Management bought a new stake in shares of iShares S&P 500 Growth ETF in the 4th quarter valued at about $30,000. Whipplewood Advisors LLC bought a new stake in shares of iShares S&P 500 Growth ETF in the 1st quarter valued at about $32,000. BankPlus Trust Department purchased a new position in iShares S&P 500 Growth ETF during the 4th quarter valued at about $36,000. Finally, Bellevue Asset Management LLC purchased a new position in iShares S&P 500 Growth ETF during the 4th quarter valued at about $42,000.
iShares S&P 500 Growth ETF Price Performance
Shares of NYSEARCA:IVW opened at $105.39 on Wednesday. iShares S&P 500 Growth ETF has a 1 year low of $79.31 and a 1 year high of $107.14. The company has a market cap of $57.06 billion, a PE ratio of 29.66 and a beta of 1.12. The stock’s 50-day moving average is $98.78 and its 200 day moving average is $99.88.
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.
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