Steelhead Wealth Management LLC Takes $2.02 Million Position in iShares S&P 500 Growth ETF $IVW

Steelhead Wealth Management LLC purchased a new position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 17,826 shares of the company’s stock, valued at approximately $2,016,000. iShares S&P 500 Growth ETF accounts for approximately 1.0% of Steelhead Wealth Management LLC’s investment portfolio, making the stock its 28th biggest position.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Decker Wealth Management LLC acquired a new position in iShares S&P 500 Growth ETF during the 1st quarter worth approximately $2,991,000. Chatterton & Associates Inc. boosted its stake in shares of iShares S&P 500 Growth ETF by 33.5% in the first quarter. Chatterton & Associates Inc. now owns 44,180 shares of the company’s stock valued at $5,306,000 after buying an additional 11,089 shares in the last quarter. Summit Financial Consulting LLC boosted its stake in shares of iShares S&P 500 Growth ETF by 9.4% in the fourth quarter. Summit Financial Consulting LLC now owns 60,751 shares of the company’s stock valued at $7,488,000 after buying an additional 5,199 shares in the last quarter. Lansing Street Advisors grew its holdings in iShares S&P 500 Growth ETF by 5.8% during the fourth quarter. Lansing Street Advisors now owns 142,692 shares of the company’s stock worth $17,588,000 after acquiring an additional 7,845 shares during the period. Finally, Farther Finance Advisors LLC raised its position in iShares S&P 500 Growth ETF by 31.8% in the fourth quarter. Farther Finance Advisors LLC now owns 386,527 shares of the company’s stock worth $47,643,000 after acquiring an additional 93,161 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Performance

iShares S&P 500 Growth ETF stock opened at $135.25 on Monday. iShares S&P 500 Growth ETF has a one year low of $108.13 and a one year high of $141.98. The business has a fifty day moving average of $136.10 and a two-hundred day moving average of $127.73. The company has a market cap of $73.85 billion, a P/E 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.