RHL Group LLC Takes $1.13 Million Position in iShares S&P 500 Growth ETF $IVW

RHL Group LLC bought a new stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 9,141 shares of the company’s stock, valued at approximately $1,127,000. iShares S&P 500 Growth ETF accounts for approximately 0.9% of RHL Group LLC’s investment portfolio, making the stock its 15th largest holding.

A number of other institutional investors have also modified their holdings of the stock. New Age Alpha Advisors LLC increased its holdings in shares of iShares S&P 500 Growth ETF by 23.0% in the fourth quarter. New Age Alpha Advisors LLC now owns 4,907 shares of the company’s stock valued at $605,000 after purchasing an additional 916 shares during the period. HBK Sorce Advisory LLC increased its holdings in shares of iShares S&P 500 Growth ETF by 1.6% in the fourth quarter. HBK Sorce Advisory LLC now owns 23,140 shares of the company’s stock valued at $2,805,000 after purchasing an additional 369 shares during the period. LifePlan Investment Advisors Inc. increased its holdings in shares of iShares S&P 500 Growth ETF by 3.8% in the fourth quarter. LifePlan Investment Advisors Inc. now owns 31,707 shares of the company’s stock valued at $3,908,000 after purchasing an additional 1,148 shares during the period. Wealthquest Corp acquired a new position in shares of iShares S&P 500 Growth ETF in the fourth quarter valued at approximately $731,000. Finally, Kuhn & Co Investment Counsel acquired a new position in shares of iShares S&P 500 Growth ETF in the fourth quarter valued at approximately $253,000.

iShares S&P 500 Growth ETF Price Performance

Shares of IVW stock opened at $136.62 on Monday. The business’s fifty day moving average price is $124.60 and its 200 day moving average price is $123.09. iShares S&P 500 Growth ETF has a 1-year low of $100.76 and a 1-year high of $139.10. The firm has a market capitalization of $74.04 billion, a PE ratio of 33.33 and a beta of 1.17.

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. 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.