IVW Stock Summary and Trading Ideas (iShares S&P 500 Growth ETF | ARCA:IVW)

The iShares S&P 500 Growth Index Fund seeks investment results that correspond generally to the price and yield performance before fees and expenses of U.S. large-cap growth stocks as represented by the S&P 500/Citigroup Growth Index.

iShares S&P 500 Growth ETF trades on the ARCA stock market under the symbol IVW.

As of May 8, 2024, IVW stock price declined to $84.43 with 1,244,747 million shares trading.

IVW has a beta of 1.12, meaning it tends to be more sensitive to market movements. IVW has a correlation of 0.88 to the broad based SPY ETF.

IVW has a market cap of $44.20 billion. This is considered a Large Cap stock.

In the last 3 years, IVW stock traded as high as $85.56 and as low as $7.05.

IVW has outperformed the market in the last year with a price return of +31.6% while the SPY ETF gained +27.0%. However, in the short term, IVW had mixed performance relative to the market. It has underperformed in the last 3 months, returning +4.1% vs +4.2% return in SPY. But in the last 2 weeks, IVW shares have fared better than the market returning +3.7% compared to SPY +2.3%.

IVW support price is $83.38 and resistance is $85.58 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that IVW stock will trade within this expected range on the day.