Marks Group Wealth Management Inc Purchases 6,656 Shares of iShares S&P 500 Growth ETF $IVW

Marks Group Wealth Management Inc boosted its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 32.1% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 27,385 shares of the company’s stock after acquiring an additional 6,656 shares during the period. Marks Group Wealth Management Inc’s holdings in iShares S&P 500 Growth ETF were worth $3,375,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Smith Moore & CO. lifted its holdings in iShares S&P 500 Growth ETF by 2.9% in the 3rd quarter. Smith Moore & CO. now owns 3,021 shares of the company’s stock worth $365,000 after buying an additional 85 shares during the period. Gerber Kawasaki Wealth & Investment Management lifted its holdings in iShares S&P 500 Growth ETF by 0.7% in the 3rd quarter. Gerber Kawasaki Wealth & Investment Management now owns 11,647 shares of the company’s stock worth $1,406,000 after buying an additional 86 shares during the period. Proactive Wealth Strategies LLC lifted its holdings in iShares S&P 500 Growth ETF by 1.0% in the 4th quarter. Proactive Wealth Strategies LLC now owns 8,817 shares of the company’s stock worth $1,087,000 after buying an additional 86 shares during the period. Ignite Planners LLC lifted its holdings in iShares S&P 500 Growth ETF by 4.7% in the 4th quarter. Ignite Planners LLC now owns 1,948 shares of the company’s stock worth $241,000 after buying an additional 88 shares during the period. Finally, First National Bank & Trust Co. of Newtown lifted its holdings in iShares S&P 500 Growth ETF by 1.3% in the 4th quarter. First National Bank & Trust Co. of Newtown now owns 7,859 shares of the company’s stock worth $969,000 after buying an additional 100 shares during the period.

iShares S&P 500 Growth ETF Stock Performance

NYSEARCA IVW opened at $135.49 on Tuesday. iShares S&P 500 Growth ETF has a fifty-two week low of $104.21 and a fifty-two week high of $141.98. The stock has a 50 day simple moving average of $129.61 and a two-hundred day simple moving average of $124.38. The stock has a market cap of $73.43 billion, a P/E ratio of 33.33 and a beta of 1.17.

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. 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.