Mosley Wealth Management Takes $2.59 Million Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Mosley Wealth Management 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 and Exchange Commission. The institutional investor acquired 34,534 shares of the company’s stock, valued at approximately $2,594,000. iShares S&P 500 Growth ETF comprises about 2.6% of Mosley Wealth Management’s portfolio, making the stock its 9th biggest position.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in IVW. Financial Connections Group Inc. bought a new position in iShares S&P 500 Growth ETF in the 4th quarter valued at $28,000. Goodwin Investment Advisory bought a new position in iShares S&P 500 Growth ETF in the fourth quarter valued at about $29,000. Life Planning Partners Inc acquired a new stake in iShares S&P 500 Growth ETF in the fourth quarter worth about $32,000. Howe & Rusling Inc. raised its holdings in iShares S&P 500 Growth ETF by 1,137.2% during the 3rd quarter. Howe & Rusling Inc. now owns 532 shares of the company’s stock worth $36,000 after purchasing an additional 489 shares during the last quarter. Finally, Northwest Financial Advisors bought a new stake in iShares S&P 500 Growth ETF during the 4th quarter worth about $38,000.

iShares S&P 500 Growth ETF Price Performance

Shares of NYSEARCA:IVW opened at $88.97 on Monday. The stock has a market cap of $46.61 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. The company has a 50 day moving average of $84.60 and a 200-day moving average of $80.56. iShares S&P 500 Growth ETF has a one year low of $65.53 and a one year high of $89.49.

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.