Pettinga Financial Advisors LLC Has $35.07 Million Stock Position in iShares S&P 500 Growth ETF $IVW

Pettinga Financial Advisors LLC decreased its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 2.8% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 254,988 shares of the company’s stock after selling 7,220 shares during the quarter. iShares S&P 500 Growth ETF makes up approximately 5.6% of Pettinga Financial Advisors LLC’s holdings, making the stock its 3rd largest holding. Pettinga Financial Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $35,068,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Strive Financial Group LLC acquired a new position in shares of iShares S&P 500 Growth ETF during the fourth quarter valued at $26,000. Turning Point Benefit Group Inc. bought a new position in iShares S&P 500 Growth ETF in the third quarter valued at about $28,000. Decker Retirement Planning Inc. bought a new stake in iShares S&P 500 Growth ETF during the 4th quarter worth about $28,000. Financial Network Wealth Advisors LLC lifted its position in iShares S&P 500 Growth ETF by 174.4% during the 4th quarter. Financial Network Wealth Advisors LLC now owns 225 shares of the company’s stock valued at $28,000 after purchasing an additional 143 shares during the period. Finally, Darwin Wealth Management LLC acquired a new stake in shares of iShares S&P 500 Growth ETF during the 2nd quarter worth approximately $30,000.

iShares S&P 500 Growth ETF Price Performance

IVW opened at $142.10 on Monday. The company has a market cap of $77.58 billion, a price-to-earnings ratio of 33.33 and a beta of 1.17. The firm has a 50 day simple moving average of $136.32 and a 200 day simple moving average of $128.32. iShares S&P 500 Growth ETF has a fifty-two week low of $108.13 and a fifty-two week high of $143.26.

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.