Signal Advisors Wealth LLC Purchases 13,390 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Signal Advisors Wealth LLC raised its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 63.5% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 34,483 shares of the company’s stock after buying an additional 13,390 shares during the quarter. Signal Advisors Wealth LLC’s holdings in iShares S&P 500 Growth ETF were worth $2,912,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of IVW. JPMorgan Chase & Co. boosted its stake in shares of iShares S&P 500 Growth ETF by 0.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 43,367,674 shares of the company’s stock valued at $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 3rd 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 during the period. Jones Financial Companies Lllp lifted its position in shares of iShares S&P 500 Growth ETF by 0.8% in the 3rd 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 during the period. Ameriprise Financial Inc. lifted its position in shares of iShares S&P 500 Growth ETF by 8.2% in the 3rd quarter. Ameriprise Financial Inc. now owns 9,048,951 shares of the company’s stock worth $619,206,000 after purchasing an additional 682,586 shares during the period. Finally, LPL Financial LLC lifted its position in shares of iShares S&P 500 Growth ETF by 35.1% in the 3rd quarter. LPL Financial LLC now owns 7,697,945 shares of the company’s stock worth $526,693,000 after purchasing an additional 1,998,078 shares during the period.

iShares S&P 500 Growth ETF Stock Performance

Shares of NYSEARCA IVW traded down $0.66 during midday trading on Thursday, reaching $92.65. The stock had a trading volume of 2,221,913 shares, compared to its average volume of 3,430,021. The firm has a market cap of $48.54 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a twelve month low of $65.53 and a twelve month high of $93.81. The company’s 50 day moving average price is $86.00 and its 200 day moving average price is $81.66.

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.