Signet Financial Management LLC Has $5.92 Million Holdings in iShares S&P 500 Growth ETF $IVW

Signet Financial Management LLC lifted its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 26.3% in the 4th quarter, Holdings Channel reports. The fund owned 48,045 shares of the company’s stock after acquiring an additional 9,992 shares during the quarter. Signet Financial Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $5,922,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in IVW. Davis Capital Management acquired a new position in iShares S&P 500 Growth ETF in the 3rd quarter worth $28,000. Turning Point Benefit Group Inc. bought a new position in iShares S&P 500 Growth ETF during the 3rd quarter worth about $28,000. Darwin Wealth Management LLC acquired a new stake in shares of iShares S&P 500 Growth ETF in the 2nd quarter valued at about $30,000. Howe & Rusling Inc. raised its stake in shares of iShares S&P 500 Growth ETF by 484.1% in the 3rd quarter. Howe & Rusling Inc. now owns 257 shares of the company’s stock valued at $31,000 after purchasing an additional 213 shares during the period. Finally, Ransom Advisory Ltd bought a new stake in shares of iShares S&P 500 Growth ETF in the fourth quarter valued at about $37,000.

iShares S&P 500 Growth ETF Price Performance

IVW stock opened at $114.13 on Friday. The stock has a market capitalization of $61.26 billion, a P/E ratio of 33.33 and a beta of 1.11. The business has a 50-day moving average of $120.92 and a 200-day moving average of $121.49. iShares S&P 500 Growth ETF has a fifty-two week low of $79.31 and a fifty-two week high of $126.61.

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. 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.