Signature Estate & Investment Advisors LLC Grows Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Signature Estate & Investment Advisors LLC increased its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 2.6% during the 4th quarter, Holdings Channel reports. The institutional investor owned 75,081 shares of the company’s stock after purchasing an additional 1,889 shares during the period. Signature Estate & Investment Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $7,623,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. FineMark National Bank & Trust increased its stake in shares of iShares S&P 500 Growth ETF by 12.1% during the fourth quarter. FineMark National Bank & Trust now owns 84,637 shares of the company’s stock valued at $8,593,000 after buying an additional 9,147 shares during the period. Modern Wealth Management LLC raised its holdings in iShares S&P 500 Growth ETF by 8.6% in the 4th quarter. Modern Wealth Management LLC now owns 878,202 shares of the company’s stock worth $92,773,000 after purchasing an additional 69,195 shares in the last quarter. CoreFirst Bank & Trust purchased a new stake in shares of iShares S&P 500 Growth ETF in the 4th quarter worth about $97,000. Hershey Financial Advisers LLC bought a new stake in shares of iShares S&P 500 Growth ETF during the 4th quarter valued at about $497,000. Finally, Corebridge Financial Inc. bought a new position in iShares S&P 500 Growth ETF in the fourth quarter worth about $508,000.

iShares S&P 500 Growth ETF Stock Performance

IVW stock opened at $97.11 on Tuesday. iShares S&P 500 Growth ETF has a fifty-two week low of $79.07 and a fifty-two week high of $107.14. The company has a market capitalization of $53.45 billion, a price-to-earnings ratio of 30.22 and a beta of 1.08. The business’s 50 day moving average price is $101.40 and its two-hundred day moving average price is $99.77.

iShares S&P 500 Growth ETF 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.