HUB Investment Partners LLC Grows Stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

HUB Investment Partners LLC grew its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 35.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,384 shares of the company’s stock after purchasing an additional 1,919 shares during the period. HUB Investment Partners LLC’s holdings in iShares S&P 500 Growth ETF were worth $750,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in IVW. BankPlus Trust Department purchased a new position in shares of iShares S&P 500 Growth ETF during the 4th quarter valued at $36,000. Hantz Financial Services Inc. purchased a new position in shares of iShares S&P 500 Growth ETF during the 4th quarter valued at $40,000. Compass Financial Services Inc purchased a new position in shares of iShares S&P 500 Growth ETF during the 4th quarter valued at $40,000. Bellevue Asset Management LLC purchased a new position in shares of iShares S&P 500 Growth ETF during the 4th quarter valued at $42,000. Finally, POM Investment Strategies LLC grew its position in shares of iShares S&P 500 Growth ETF by 194.8% during the 4th quarter. POM Investment Strategies LLC now owns 457 shares of the company’s stock valued at $46,000 after purchasing an additional 302 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Performance

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

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.