Signet Financial Management LLC Grows Stock Holdings in iShares S&P 500 Growth ETF $IVW

Signet Financial Management LLC grew its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 9.7% during the first quarter, Holdings Channel reports. The institutional investor owned 52,699 shares of the company’s stock after acquiring an additional 4,654 shares during the quarter. Signet Financial Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $5,961,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of IVW. Strive Financial Group LLC bought a new position in shares of iShares S&P 500 Growth ETF during the 4th quarter worth 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 Up 1.0%

Shares of IVW opened at $137.89 on Wednesday. The firm has a market cap of $75.11 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 $108.13 and a 12 month high of $141.98. The stock has a fifty day moving average price of $136.59 and a 200-day moving average price of $126.81.

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.