iShares S&P 500 Growth ETF (NYSEARCA:IVW) Shares Purchased by Encompass Wealth Advisors LLC

Encompass Wealth Advisors LLC grew its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 2.0% during the 4th quarter, Holdings Channel reports. The firm owned 367,564 shares of the company’s stock after buying an additional 7,349 shares during the period. iShares S&P 500 Growth ETF comprises about 15.1% of Encompass Wealth Advisors LLC’s investment portfolio, making the stock its biggest position. Encompass Wealth Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $37,319,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Hantz Financial Services Inc. acquired a new position in iShares S&P 500 Growth ETF during the fourth quarter worth approximately $40,000. Element Wealth LLC boosted its stake in shares of iShares S&P 500 Growth ETF by 31.1% during the 3rd quarter. Element Wealth LLC now owns 577 shares of the company’s stock worth $55,000 after acquiring an additional 137 shares during the period. Valued Wealth Advisors LLC increased its holdings in shares of iShares S&P 500 Growth ETF by 160.2% during the 3rd quarter. Valued Wealth Advisors LLC now owns 601 shares of the company’s stock worth $58,000 after acquiring an additional 370 shares during the last quarter. Copley Financial Group Inc. bought a new stake in iShares S&P 500 Growth ETF in the 3rd quarter valued at $64,000. Finally, ORG Wealth Partners LLC acquired a new stake in iShares S&P 500 Growth ETF during the 3rd quarter valued at $66,000.

iShares S&P 500 Growth ETF Price Performance

IVW stock opened at $105.68 on Friday. iShares S&P 500 Growth ETF has a one year low of $79.07 and a one year high of $107.14. The stock has a market cap of $55.37 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. The company has a fifty day moving average price of $103.37 and a two-hundred day moving average price of $97.57.

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.