Investment Advisory Group LLC Purchases 3,209 Shares of iShares S&P 500 Growth ETF $IVW

Investment Advisory Group LLC increased its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 4.3% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 78,634 shares of the company’s stock after acquiring an additional 3,209 shares during the period. iShares S&P 500 Growth ETF makes up 2.6% of Investment Advisory Group LLC’s portfolio, making the stock its 7th biggest position. Investment Advisory Group LLC’s holdings in iShares S&P 500 Growth ETF were worth $8,658,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of IVW. Envestnet Asset Management Inc. increased its stake in iShares S&P 500 Growth ETF by 5.1% during the 1st quarter. Envestnet Asset Management Inc. now owns 48,079,544 shares of the company’s stock valued at $4,463,224,000 after buying an additional 2,350,072 shares during the period. LPL Financial LLC increased its stake in iShares S&P 500 Growth ETF by 5.5% during the 1st quarter. LPL Financial LLC now owns 18,929,345 shares of the company’s stock valued at $1,757,211,000 after buying an additional 988,955 shares during the period. Goldman Sachs Group Inc. increased its stake in iShares S&P 500 Growth ETF by 4.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 6,639,595 shares of the company’s stock valued at $616,354,000 after buying an additional 279,859 shares during the period. Commonwealth Equity Services LLC increased its stake in iShares S&P 500 Growth ETF by 4.3% during the 1st quarter. Commonwealth Equity Services LLC now owns 3,533,251 shares of the company’s stock valued at $327,992,000 after buying an additional 147,169 shares during the period. Finally, Cetera Investment Advisers increased its stake in iShares S&P 500 Growth ETF by 7.9% during the 1st quarter. Cetera Investment Advisers now owns 3,465,787 shares of the company’s stock valued at $321,729,000 after buying an additional 253,383 shares during the period.

iShares S&P 500 Growth ETF Trading Down 3.1%

iShares S&P 500 Growth ETF stock opened at $118.29 on Friday. The stock has a market cap of $64.41 billion, a price-to-earnings ratio of 33.33 and a beta of 1.05. The company’s 50-day moving average price is $117.43 and its two-hundred day moving average price is $107.24. iShares S&P 500 Growth ETF has a 52 week low of $79.31 and a 52 week high of $122.66.

About iShares S&P 500 Growth ETF

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.