RCS Financial Planning LLC Grows Stock Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

RCS Financial Planning LLC boosted its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 2.0% during the fourth quarter, HoldingsChannel reports. The fund owned 31,700 shares of the company’s stock after buying an additional 614 shares during the period. iShares S&P 500 Growth ETF comprises 1.7% of RCS Financial Planning LLC’s holdings, making the stock its 14th biggest position. RCS Financial Planning LLC’s holdings in iShares S&P 500 Growth ETF were worth $3,219,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in IVW. River Street Advisors LLC lifted its stake in shares of iShares S&P 500 Growth ETF by 17.5% in the 3rd quarter. River Street Advisors LLC now owns 9,981 shares of the company’s stock valued at $956,000 after purchasing an additional 1,483 shares during the last quarter. Citigroup Inc. increased its position in shares of iShares S&P 500 Growth ETF by 11.5% during the 3rd quarter. Citigroup Inc. now owns 336,250 shares of the company’s stock worth $32,196,000 after purchasing an additional 34,624 shares during the last quarter. Tompkins Financial Corp raised its holdings in iShares S&P 500 Growth ETF by 31.0% in the 4th quarter. Tompkins Financial Corp now owns 12,404 shares of the company’s stock valued at $1,259,000 after buying an additional 2,936 shares during the period. Brookstone Capital Management lifted its position in iShares S&P 500 Growth ETF by 0.3% in the third quarter. Brookstone Capital Management now owns 228,446 shares of the company’s stock valued at $21,874,000 after buying an additional 673 shares during the last quarter. Finally, BNP Paribas Financial Markets boosted its stake in iShares S&P 500 Growth ETF by 35.6% during the third quarter. BNP Paribas Financial Markets now owns 162,318 shares of the company’s stock worth $15,542,000 after buying an additional 42,616 shares during the period.

iShares S&P 500 Growth ETF Price Performance

Shares of IVW opened at $104.48 on Wednesday. The firm has a 50-day simple moving average of $102.75 and a two-hundred day simple moving average of $97.11. The stock has a market cap of $54.74 billion, a PE ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a 1-year low of $77.20 and a 1-year high of $107.14.

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.