Planned Solutions Inc. Boosts Stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Planned Solutions Inc. increased its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 81.3% in the fourth quarter, HoldingsChannel reports. The firm owned 17,583 shares of the company’s stock after purchasing an additional 7,887 shares during the quarter. iShares S&P 500 Growth ETF accounts for approximately 0.7% of Planned Solutions Inc.’s holdings, making the stock its 22nd biggest holding. Planned Solutions Inc.’s holdings in iShares S&P 500 Growth ETF were worth $1,785,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the company. Boston Family Office LLC raised its holdings in iShares S&P 500 Growth ETF by 0.4% in the third quarter. Boston Family Office LLC now owns 26,064 shares of the company’s stock worth $2,496,000 after purchasing an additional 105 shares in the last quarter. Inspire Advisors LLC grew its position in shares of iShares S&P 500 Growth ETF by 4.4% in the 3rd quarter. Inspire Advisors LLC now owns 2,602 shares of the company’s stock worth $249,000 after buying an additional 109 shares during the period. Sanibel Captiva Trust Company Inc. increased its stake in shares of iShares S&P 500 Growth ETF by 1.6% in the 4th quarter. Sanibel Captiva Trust Company Inc. now owns 7,005 shares of the company’s stock worth $711,000 after acquiring an additional 109 shares in the last quarter. City Holding Co. lifted its position in iShares S&P 500 Growth ETF by 1.3% during the 4th quarter. City Holding Co. now owns 8,653 shares of the company’s stock valued at $878,000 after acquiring an additional 109 shares during the period. Finally, Savvy Advisors Inc. lifted its position in iShares S&P 500 Growth ETF by 2.7% during the 3rd quarter. Savvy Advisors Inc. now owns 4,306 shares of the company’s stock valued at $412,000 after acquiring an additional 112 shares during the period.

iShares S&P 500 Growth ETF Stock Performance

IVW stock opened at $103.83 on Tuesday. The firm has a market capitalization of $54.40 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. The firm has a 50 day moving average price of $102.21 and a 200-day moving average price of $96.78. iShares S&P 500 Growth ETF has a 52-week low of $75.62 and a 52-week high of $105.64.

iShares S&P 500 Growth ETF Company 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.