Western Wealth Management LLC Has $17.66 Million Stock Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Western Wealth Management LLC grew its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 2.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 235,158 shares of the company’s stock after buying an additional 5,675 shares during the quarter. iShares S&P 500 Growth ETF makes up approximately 1.3% of Western Wealth Management LLC’s portfolio, making the stock its 12th largest position. Western Wealth Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $17,660,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Moneta Group Investment Advisors LLC boosted its holdings in shares of iShares S&P 500 Growth ETF by 111,454.4% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 552,700,957 shares of the company’s stock worth $32,333,006,000 after buying an additional 552,205,503 shares during the period. JPMorgan Chase & Co. lifted its position in shares of iShares S&P 500 Growth ETF by 0.5% in the third quarter. JPMorgan Chase & Co. now owns 43,367,674 shares of the company’s stock worth $2,967,216,000 after purchasing an additional 229,932 shares in the last quarter. Morgan Stanley lifted its position in shares of iShares S&P 500 Growth ETF by 5.5% in the third quarter. Morgan Stanley now owns 29,378,514 shares of the company’s stock worth $2,010,078,000 after purchasing an additional 1,542,503 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in shares of iShares S&P 500 Growth ETF by 54.8% in the third quarter. Envestnet Asset Management Inc. now owns 21,690,571 shares of the company’s stock worth $1,484,069,000 after purchasing an additional 7,681,845 shares in the last quarter. Finally, Jones Financial Companies Lllp lifted its position in shares of iShares S&P 500 Growth ETF by 0.8% in the third quarter. Jones Financial Companies Lllp now owns 17,974,485 shares of the company’s stock worth $1,229,814,000 after purchasing an additional 138,408 shares in the last quarter.

iShares S&P 500 Growth ETF Price Performance

IVW traded down $0.48 during midday trading on Thursday, hitting $81.12. 2,097,913 shares of the company’s stock traded hands, compared to its average volume of 3,702,123. The company has a market cap of $42.57 billion, a PE ratio of 28.34 and a beta of 1.10. The stock’s fifty day simple moving average is $83.08 and its 200-day simple moving average is $76.49. iShares S&P 500 Growth ETF has a one year low of $63.10 and a one year high of $85.56.

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.