5T Wealth LLC Acquires Shares of 21,832 iShares S&P 500 Growth ETF (NYSEARCA:IVW)

5T Wealth LLC bought a new position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 21,832 shares of the company’s stock, valued at approximately $2,217,000. iShares S&P 500 Growth ETF makes up 1.2% of 5T Wealth LLC’s investment portfolio, making the stock its 24th largest position.

Several other hedge funds have also modified their holdings of IVW. Sanctuary Advisors LLC raised its position in iShares S&P 500 Growth ETF by 0.6% in the 4th quarter. Sanctuary Advisors LLC now owns 1,420,998 shares of the company’s stock worth $148,750,000 after purchasing an additional 8,776 shares during the last quarter. Retirement Income Solutions Inc increased its stake in shares of iShares S&P 500 Growth ETF by 8.6% in the 4th quarter. Retirement Income Solutions Inc now owns 26,155 shares of the company’s stock valued at $2,656,000 after buying an additional 2,082 shares during the period. Principal Financial Group Inc. bought a new stake in shares of iShares S&P 500 Growth ETF during the fourth quarter worth $559,000. Buttonwood Financial Group LLC bought a new stake in shares of iShares S&P 500 Growth ETF during the fourth quarter worth $212,000. Finally, Americana Partners LLC acquired a new position in shares of iShares S&P 500 Growth ETF during the fourth quarter valued at $343,000.

iShares S&P 500 Growth ETF Stock Up 0.2 %

Shares of IVW stock opened at $106.63 on Monday. The firm has a market cap of $55.86 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a 12 month low of $79.07 and a 12 month high of $107.14. The stock has a 50-day moving average price of $103.85 and a 200 day moving average price of $98.31.

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.