iShares S&P 500 Growth ETF $IVW Position Increased by International Assets Investment Management LLC

International Assets Investment Management LLC raised its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 9.5% in the second quarter, HoldingsChannel reports. The institutional investor owned 22,683 shares of the company’s stock after purchasing an additional 1,976 shares during the quarter. International Assets Investment Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $2,497,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in IVW. Envestnet Asset Management Inc. boosted its holdings in iShares S&P 500 Growth ETF by 5.1% during the first quarter. Envestnet Asset Management Inc. now owns 48,079,544 shares of the company’s stock worth $4,463,224,000 after buying an additional 2,350,072 shares in the last quarter. Liberty Wealth Management LLC boosted its stake in iShares S&P 500 Growth ETF by 489.6% in the 1st quarter. Liberty Wealth Management LLC now owns 1,363,876 shares of the company’s stock worth $126,609,000 after purchasing an additional 1,132,541 shares during the period. LPL Financial LLC boosted its stake in iShares S&P 500 Growth ETF by 5.5% in the 1st quarter. LPL Financial LLC now owns 18,929,345 shares of the company’s stock worth $1,757,211,000 after purchasing an additional 988,955 shares during the period. Pinkerton Retirement Specialists LLC boosted its stake in iShares S&P 500 Growth ETF by 192.5% in the 1st quarter. Pinkerton Retirement Specialists LLC now owns 1,135,349 shares of the company’s stock worth $105,394,000 after purchasing an additional 747,194 shares during the period. Finally, Financiere des Professionnels Fonds d investissement inc. acquired a new position in iShares S&P 500 Growth ETF in the 1st quarter worth approximately $65,909,000.

iShares S&P 500 Growth ETF Stock Performance

iShares S&P 500 Growth ETF stock opened at $120.40 on Friday. The company has a 50 day moving average price of $118.05 and a 200 day moving average price of $108.16. iShares S&P 500 Growth ETF has a 52 week low of $79.31 and a 52 week high of $122.66. The firm has a market capitalization of $65.48 billion, a price-to-earnings ratio of 33.33 and a beta of 1.05.

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.