POM Investment Strategies LLC Boosts Stock Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

POM Investment Strategies LLC boosted its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 194.8% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 457 shares of the company’s stock after purchasing an additional 302 shares during the quarter. POM Investment Strategies LLC’s holdings in iShares S&P 500 Growth ETF were worth $46,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Hantz Financial Services Inc. bought a new position in shares of iShares S&P 500 Growth ETF during the 4th quarter worth approximately $40,000. Compass Financial Services Inc purchased a new position in iShares S&P 500 Growth ETF in the fourth quarter worth $40,000. Element Wealth LLC increased its position in shares of iShares S&P 500 Growth ETF by 31.1% during the third quarter. Element Wealth LLC now owns 577 shares of the company’s stock worth $55,000 after purchasing an additional 137 shares in the last quarter. Valued Wealth Advisors LLC boosted its position in shares of iShares S&P 500 Growth ETF by 160.2% in the 3rd quarter. Valued Wealth Advisors LLC now owns 601 shares of the company’s stock worth $58,000 after purchasing an additional 370 shares in the last quarter. Finally, Copley Financial Group Inc. acquired a new stake in shares of iShares S&P 500 Growth ETF in the 3rd quarter worth $64,000.

iShares S&P 500 Growth ETF Price Performance

Shares of IVW stock opened at $105.64 on Tuesday. The stock’s fifty day moving average price is $103.56 and its 200 day moving average price is $97.79. iShares S&P 500 Growth ETF has a 1-year low of $79.07 and a 1-year high of $107.14. The company has a market cap of $55.34 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14.

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.