SMART Wealth LLC Has $1.18 Million Stock Position in iShares S&P 500 Growth ETF $IVW

SMART Wealth LLC raised its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 95.9% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 10,462 shares of the company’s stock after acquiring an additional 5,121 shares during the quarter. SMART Wealth LLC’s holdings in iShares S&P 500 Growth ETF were worth $1,183,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in IVW. Morgan Stanley grew its position in iShares S&P 500 Growth ETF by 0.6% in the fourth quarter. Morgan Stanley now owns 33,646,152 shares of the company’s stock valued at $4,147,225,000 after purchasing an additional 186,391 shares in the last quarter. LPL Financial LLC increased its stake in iShares S&P 500 Growth ETF by 1.8% in the 4th quarter. LPL Financial LLC now owns 19,816,481 shares of the company’s stock valued at $2,442,579,000 after buying an additional 357,495 shares during the last quarter. Wells Fargo & Company MN lifted its position in iShares S&P 500 Growth ETF by 0.5% during the 4th quarter. Wells Fargo & Company MN now owns 15,021,156 shares of the company’s stock worth $1,851,508,000 after buying an additional 80,216 shares in the last quarter. UBS Group AG boosted its stake in shares of iShares S&P 500 Growth ETF by 0.9% during the 3rd quarter. UBS Group AG now owns 8,911,282 shares of the company’s stock worth $1,075,770,000 after buying an additional 76,602 shares during the last quarter. Finally, Cetera Investment Advisers boosted its stake in shares of iShares S&P 500 Growth ETF by 3.4% during the 4th quarter. Cetera Investment Advisers now owns 4,509,307 shares of the company’s stock worth $555,817,000 after buying an additional 146,739 shares during the last quarter.

iShares S&P 500 Growth ETF Price Performance

Shares of NYSEARCA IVW opened at $137.53 on Wednesday. The stock has a market capitalization of $74.53 billion, a price-to-earnings ratio of 33.33 and a beta of 1.17. The business has a 50-day moving average of $135.05 and a 200-day moving average of $125.83. iShares S&P 500 Growth ETF has a fifty-two week low of $108.13 and a fifty-two week high of $141.98.

About iShares S&P 500 Growth ETF

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.