TCP Asset Management LLC Has $19.66 Million Stock Holdings in iShares S&P 500 Growth ETF $IVW
by Doug Wharley · The Cerbat GemTCP Asset Management LLC boosted its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW – Free Report) by 3.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 159,531 shares of the company’s stock after acquiring an additional 5,239 shares during the quarter. iShares S&P 500 Growth ETF accounts for about 3.3% of TCP Asset Management LLC’s portfolio, making the stock its 12th largest position. TCP Asset Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $19,664,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IVW. Turning Point Benefit Group Inc. acquired a new position in shares of iShares S&P 500 Growth ETF during the third quarter worth $28,000. Davis Capital Management bought a new stake in shares of iShares S&P 500 Growth ETF in the third quarter worth $28,000. Howe & Rusling Inc. increased its holdings in iShares S&P 500 Growth ETF by 484.1% in the third quarter. Howe & Rusling Inc. now owns 257 shares of the company’s stock valued at $31,000 after purchasing an additional 213 shares during the period. Darwin Wealth Management LLC bought a new position in iShares S&P 500 Growth ETF during the 2nd quarter worth $30,000. Finally, Ransom Advisory Ltd acquired a new position in iShares S&P 500 Growth ETF during the 4th quarter worth about $37,000.
iShares S&P 500 Growth ETF Trading Down 2.0%
NYSEARCA IVW opened at $114.13 on Friday. The business’s 50-day moving average price is $120.92 and its two-hundred day moving average price is $121.44. iShares S&P 500 Growth ETF has a 12 month low of $79.31 and a 12 month high of $126.61. The firm has a market capitalization of $61.26 billion, a PE ratio of 33.33 and a beta of 1.11.
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. The Growth Index is a subset of the S&P 500 and consists of those stocks in the S&P 500 exhibiting the strongest growth characteristics.