Prasad Wealth Partners LLC Invests $325,000 in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Prasad Wealth Partners LLC acquired a new stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 3,202 shares of the company’s stock, valued at approximately $325,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Allspring Global Investments Holdings LLC increased its position in iShares S&P 500 Growth ETF by 35,928.6% in the third quarter. Allspring Global Investments Holdings LLC now owns 2,522 shares of the company’s stock worth $241,000 after buying an additional 2,515 shares in the last quarter. PFG Investments LLC grew its stake in shares of iShares S&P 500 Growth ETF by 32.7% during the 3rd quarter. PFG Investments LLC now owns 7,128 shares of the company’s stock valued at $683,000 after acquiring an additional 1,758 shares during the period. FSA Advisors Inc. purchased a new stake in iShares S&P 500 Growth ETF in the 3rd quarter worth approximately $228,000. Gemmer Asset Management LLC raised its stake in iShares S&P 500 Growth ETF by 36.7% during the 3rd quarter. Gemmer Asset Management LLC now owns 13,226 shares of the company’s stock worth $1,266,000 after acquiring an additional 3,549 shares during the period. Finally, Southern Capital Advisors LLC lifted its holdings in iShares S&P 500 Growth ETF by 3.5% during the third quarter. Southern Capital Advisors LLC now owns 37,127 shares of the company’s stock valued at $3,555,000 after purchasing an additional 1,256 shares in the last quarter.

iShares S&P 500 Growth ETF Price Performance

IVW opened at $102.40 on Tuesday. The firm has a market cap of $57.14 billion, a P/E ratio of 33.87 and a beta of 1.07. 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 50 day simple moving average of $103.98 and a two-hundred day simple moving average of $99.14.

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.