Prasad Wealth Partners LLC Invests $325,000 in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Prasad Wealth Partners LLC bought a new position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 3,202 shares of the company’s stock, valued at approximately $325,000.

Other institutional investors also recently bought and sold shares of the company. The Manufacturers Life Insurance Company bought a new position in shares of iShares S&P 500 Growth ETF during the 3rd quarter valued at about $82,464,000. Arvest Bank Trust Division bought a new position in iShares S&P 500 Growth ETF during the third quarter valued at approximately $56,971,000. Strategic Financial Concepts LLC boosted its stake in iShares S&P 500 Growth ETF by 10,066.9% during the fourth quarter. Strategic Financial Concepts LLC now owns 425,892 shares of the company’s stock valued at $479,000 after buying an additional 421,703 shares during the last quarter. Sanctuary Advisors LLC grew its holdings in iShares S&P 500 Growth ETF by 29.8% during the 3rd quarter. Sanctuary Advisors LLC now owns 1,412,222 shares of the company’s stock valued at $140,686,000 after buying an additional 324,178 shares in the last quarter. Finally, LPL Financial LLC increased its stake in iShares S&P 500 Growth ETF by 1.7% in the 3rd quarter. LPL Financial LLC now owns 15,682,897 shares of the company’s stock worth $1,501,637,000 after acquiring an additional 255,991 shares during the last quarter.

iShares S&P 500 Growth ETF Price Performance

Shares of IVW opened at $102.40 on Tuesday. The business’s 50 day simple moving average is $103.98 and its 200-day simple moving average is $99.14. iShares S&P 500 Growth ETF has a 1 year low of $79.07 and a 1 year high of $107.14. The stock has a market capitalization of $57.14 billion, a price-to-earnings ratio of 33.87 and a beta of 1.07.

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.