iShares S&P 500 Growth ETF $IVW Shares Acquired by Gateway Wealth Partners LLC

Gateway Wealth Partners LLC lifted its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 204.9% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 174,730 shares of the company’s stock after acquiring an additional 117,425 shares during the quarter. iShares S&P 500 Growth ETF accounts for approximately 0.8% of Gateway Wealth Partners LLC’s investment portfolio, making the stock its 25th biggest holding. Gateway Wealth Partners LLC’s holdings in iShares S&P 500 Growth ETF were worth $19,764,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Decker Wealth Management LLC purchased a new stake in shares of iShares S&P 500 Growth ETF during the first quarter worth $2,991,000. Brookstone Capital Management grew its holdings in iShares S&P 500 Growth ETF by 5.7% in the 4th quarter. Brookstone Capital Management now owns 237,167 shares of the company’s stock valued at $29,233,000 after buying an additional 12,778 shares in the last quarter. Chatterton & Associates Inc. grew its holdings in iShares S&P 500 Growth ETF by 33.5% in the 1st 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. Silver Oak Securities Incorporated grew its holdings in shares of iShares S&P 500 Growth ETF by 270.9% in the fourth quarter. Silver Oak Securities Incorporated now owns 49,336 shares of the company’s stock valued at $6,126,000 after purchasing an additional 36,033 shares during the period. Finally, Summit Financial Consulting LLC raised its stake in iShares S&P 500 Growth ETF by 9.4% during the fourth quarter. Summit Financial Consulting LLC now owns 60,751 shares of the company’s stock worth $7,488,000 after purchasing an additional 5,199 shares during the period.

iShares S&P 500 Growth ETF Price Performance

NYSEARCA:IVW opened at $132.83 on Monday. The company’s 50-day moving average is $136.45 and its two-hundred day moving average is $127.45. iShares S&P 500 Growth ETF has a 1-year low of $108.13 and a 1-year high of $141.98. The firm has a market capitalization of $72.47 billion, a price-to-earnings ratio of 33.33 and a beta of 1.17.

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.