Mosley Wealth Management Acquires 424 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Mosley Wealth Management raised its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 0.8% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 54,889 shares of the company’s stock after acquiring an additional 424 shares during the quarter. iShares S&P 500 Growth ETF accounts for about 3.5% of Mosley Wealth Management’s investment portfolio, making the stock its 5th largest holding. Mosley Wealth Management’s holdings in iShares S&P 500 Growth ETF were worth $5,697,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Raymond James Financial Inc. acquired a new position in shares of iShares S&P 500 Growth ETF during the fourth quarter worth $456,880,000. Wealthfront Advisers LLC acquired a new position in shares of iShares S&P 500 Growth ETF during the fourth quarter worth $350,009,000. The Manufacturers Life Insurance Company acquired a new position in shares of iShares S&P 500 Growth ETF during the third quarter worth $82,464,000. Arvest Bank Trust Division acquired a new position in shares of iShares S&P 500 Growth ETF during the third quarter worth $56,971,000. Finally, Strategic Financial Concepts LLC lifted its position in shares of iShares S&P 500 Growth ETF by 10,066.9% during the fourth quarter. Strategic Financial Concepts LLC now owns 425,892 shares of the company’s stock worth $479,000 after purchasing an additional 421,703 shares in the last quarter.

iShares S&P 500 Growth ETF Trading Up 0.3 %

NYSEARCA IVW opened at $94.91 on Friday. The company’s fifty day simple moving average is $101.47 and its 200-day simple moving average is $99.66. iShares S&P 500 Growth ETF has a 52 week low of $79.07 and a 52 week high of $107.14. The stock has a market cap of $52.41 billion, a P/E ratio of 30.05 and a beta of 1.08.

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.