49 Wealth Management LLC Raises Stock Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

49 Wealth Management LLC grew its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 2.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,014 shares of the company’s stock after buying an additional 172 shares during the period. 49 Wealth Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $509,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the company. CarsonAllaria Wealth Management Ltd. lifted its holdings in iShares S&P 500 Growth ETF by 45.5% in the first quarter. CarsonAllaria Wealth Management Ltd. now owns 400 shares of the company’s stock valued at $34,000 after acquiring an additional 125 shares during the last quarter. Highland Capital Management LLC lifted its stake in shares of iShares S&P 500 Growth ETF by 4.5% in the 1st quarter. Highland Capital Management LLC now owns 10,608 shares of the company’s stock valued at $896,000 after purchasing an additional 461 shares during the last quarter. Shared Vision Wealth Group LLC grew its holdings in shares of iShares S&P 500 Growth ETF by 118.7% during the 1st quarter. Shared Vision Wealth Group LLC now owns 40,368 shares of the company’s stock worth $3,409,000 after purchasing an additional 21,906 shares during the period. EQ LLC grew its holdings in shares of iShares S&P 500 Growth ETF by 56.3% during the 1st quarter. EQ LLC now owns 14,800 shares of the company’s stock worth $1,250,000 after purchasing an additional 5,329 shares during the period. Finally, Adaptive Financial Consulting LLC increased its position in shares of iShares S&P 500 Growth ETF by 0.4% during the 1st quarter. Adaptive Financial Consulting LLC now owns 193,486 shares of the company’s stock worth $16,338,000 after purchasing an additional 678 shares during the last quarter.

iShares S&P 500 Growth ETF Trading Up 0.6 %

NYSEARCA IVW traded up $0.57 during trading hours on Friday, reaching $95.76. The company had a trading volume of 3,577,277 shares, compared to its average volume of 3,322,601. The stock has a 50-day moving average of $90.01 and a 200 day moving average of $83.98. iShares S&P 500 Growth ETF has a 1-year low of $65.53 and a 1-year high of $97.22. The stock has a market capitalization of $50.17 billion, a P/E ratio of 28.52 and a beta of 1.14.

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.