Meridian Wealth Partners LLC Raises Stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Meridian Wealth Partners LLC raised its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 2.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 168,185 shares of the company’s stock after purchasing an additional 4,455 shares during the quarter. iShares S&P 500 Growth ETF comprises approximately 2.6% of Meridian Wealth Partners LLC’s portfolio, making the stock its 13th largest holding. Meridian Wealth Partners LLC’s holdings in iShares S&P 500 Growth ETF were worth $17,076,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. BankPlus Trust Department acquired a new position in iShares S&P 500 Growth ETF in the 4th quarter valued at $36,000. Hantz Financial Services Inc. purchased a new stake in shares of iShares S&P 500 Growth ETF in the fourth quarter valued at about $40,000. Compass Financial Services Inc acquired a new position in shares of iShares S&P 500 Growth ETF during the fourth quarter worth about $40,000. Bellevue Asset Management LLC acquired a new position in shares of iShares S&P 500 Growth ETF during the fourth quarter worth about $42,000. Finally, POM Investment Strategies LLC raised its holdings in iShares S&P 500 Growth ETF by 194.8% during the fourth quarter. POM Investment Strategies LLC now owns 457 shares of the company’s stock worth $46,000 after purchasing an additional 302 shares in the last quarter.

iShares S&P 500 Growth ETF Trading Up 0.3 %

Shares of IVW opened at $94.91 on Friday. The stock’s 50 day moving average is $101.47 and its two-hundred day moving average is $99.66. iShares S&P 500 Growth ETF has a twelve month low of $79.07 and a twelve month high of $107.14. The firm has a market capitalization of $52.41 billion, a PE ratio of 30.05 and a beta of 1.08.

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.