Gutierrez Wealth Advisory LLC Takes Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Gutierrez Wealth Advisory LLC acquired a new position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 5,361 shares of the company’s stock, valued at approximately $544,000. iShares S&P 500 Growth ETF makes up about 0.4% of Gutierrez Wealth Advisory LLC’s holdings, making the stock its 20th largest position.

Other institutional investors have also recently added to or reduced their stakes in the company. BankPlus Trust Department purchased a new stake in iShares S&P 500 Growth ETF during the fourth quarter worth about $36,000. Hantz Financial Services Inc. purchased a new stake in iShares S&P 500 Growth ETF during the fourth quarter worth about $40,000. Compass Financial Services Inc purchased a new stake in iShares S&P 500 Growth ETF during the fourth quarter worth about $40,000. Bellevue Asset Management LLC purchased a new stake in iShares S&P 500 Growth ETF during the fourth quarter worth about $42,000. Finally, POM Investment Strategies LLC boosted its holdings in iShares S&P 500 Growth ETF by 194.8% during the fourth quarter. POM Investment Strategies LLC now owns 457 shares of the company’s stock worth $46,000 after buying an additional 302 shares in the last quarter.

iShares S&P 500 Growth ETF Trading Down 0.2 %

IVW stock opened at $94.58 on Friday. The company has a market cap of $52.23 billion, a P/E ratio of 30.05 and a beta of 1.08. iShares S&P 500 Growth ETF has a 52 week low of $79.07 and a 52 week high of $107.14. The company’s 50-day moving average price is $101.60 and its 200 day moving average price is $99.58.

iShares S&P 500 Growth ETF 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.