GSB Wealth Management LLC Acquires 1,401 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

GSB Wealth Management LLC grew its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 10.3% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,969 shares of the company’s stock after purchasing an additional 1,401 shares during the period. GSB Wealth Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $956,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Trustcore Financial Services LLC boosted its stake in shares of iShares S&P 500 Growth ETF by 159.0% in the 4th quarter. Trustcore Financial Services LLC now owns 21,492 shares of the company’s stock worth $1,257,000 after buying an additional 13,194 shares during the last quarter. Ballast Advisors LLC boosted its stake in shares of iShares S&P 500 Growth ETF by 14.2% in the 1st quarter. Ballast Advisors LLC now owns 1,324 shares of the company’s stock worth $85,000 after buying an additional 165 shares during the last quarter. BMS Financial Advisors LLC boosted its stake in shares of iShares S&P 500 Growth ETF by 27.9% in the 1st quarter. BMS Financial Advisors LLC now owns 3,379 shares of the company’s stock worth $216,000 after buying an additional 737 shares during the last quarter. Bouvel Investment Partners LLC boosted its stake in shares of iShares S&P 500 Growth ETF by 2.1% in the 1st quarter. Bouvel Investment Partners LLC now owns 34,991 shares of the company’s stock worth $2,236,000 after buying an additional 713 shares during the last quarter. Finally, Rehmann Capital Advisory Group boosted its stake in shares of iShares S&P 500 Growth ETF by 12.6% in the 1st quarter. Rehmann Capital Advisory Group now owns 811,796 shares of the company’s stock worth $51,866,000 after buying an additional 91,013 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Performance

Shares of IVW stock traded down $0.20 on Tuesday, reaching $71.49. The stock had a trading volume of 46,138 shares, compared to its average volume of 1,848,375. The stock has a market cap of $35.03 billion, a P/E ratio of 22.15 and a beta of 1.05. iShares S&P 500 Growth ETF has a 1 year low of $55.30 and a 1 year high of $72.87. The company has a 50 day simple moving average of $71.06 and a 200 day simple moving average of $67.02.

iShares S&P 500 Growth ETF 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.