Berkshire Money Management Inc. Takes $364,000 Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Berkshire Money Management Inc. acquired a new stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 3,586 shares of the company’s stock, valued at approximately $364,000.

A number of other hedge funds have also modified their holdings of the stock. Hantz Financial Services Inc. acquired a new stake in shares of iShares S&P 500 Growth ETF in the 4th quarter valued at $40,000. Element Wealth LLC raised its stake in shares of iShares S&P 500 Growth ETF by 31.1% in the third quarter. Element Wealth LLC now owns 577 shares of the company’s stock worth $55,000 after acquiring an additional 137 shares during the last quarter. Valued Wealth Advisors LLC lifted its position in shares of iShares S&P 500 Growth ETF by 160.2% during the third 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. Copley Financial Group Inc. bought a new stake in shares of iShares S&P 500 Growth ETF during the third quarter valued at approximately $64,000. Finally, ORG Wealth Partners LLC bought a new stake in shares of iShares S&P 500 Growth ETF during the third quarter valued at approximately $66,000.

iShares S&P 500 Growth ETF Price Performance

IVW stock opened at $104.42 on Wednesday. The company has a 50 day moving average price of $103.19 and a 200 day moving average price of $97.44. iShares S&P 500 Growth ETF has a fifty-two week low of $79.07 and a fifty-two week high of $107.14. The stock has a market capitalization of $54.71 billion, a PE ratio of 28.52 and a beta of 1.14.

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.