Kestra Private Wealth Services LLC Grows Stock Holdings in iShares S&P 500 Growth ETF $IVW

Kestra Private Wealth Services LLC grew its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 8.1% during the first quarter, Holdings Channel reports. The institutional investor owned 270,711 shares of the company’s stock after acquiring an additional 20,171 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in iShares S&P 500 Growth ETF were worth $30,620,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Strive Financial Group LLC purchased a new stake in iShares S&P 500 Growth ETF during the fourth quarter valued at approximately $26,000. Decker Retirement Planning Inc. acquired a new stake in iShares S&P 500 Growth ETF in the fourth quarter valued at approximately $28,000. Financial Network Wealth Advisors LLC grew its holdings in iShares S&P 500 Growth ETF by 174.4% in the fourth quarter. Financial Network Wealth Advisors LLC now owns 225 shares of the company’s stock worth $28,000 after purchasing an additional 143 shares during the last quarter. Turning Point Benefit Group Inc. purchased a new position in iShares S&P 500 Growth ETF in the third quarter worth $28,000. Finally, Darwin Wealth Management LLC acquired a new position in shares of iShares S&P 500 Growth ETF during the second quarter worth $30,000.

iShares S&P 500 Growth ETF Trading Down 0.3%

Shares of IVW opened at $133.36 on Thursday. The firm has a market cap of $72.27 billion, a PE ratio of 33.33 and a beta of 1.17. iShares S&P 500 Growth ETF has a 12 month low of $107.57 and a 12 month high of $141.98. The stock has a fifty day moving average price of $134.38 and a 200-day moving average price of $125.53.

iShares S&P 500 Growth ETF Company 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.