RiverFront Investment Group LLC Has $2.27 Million Stock Holdings in iShares S&P 500 Growth ETF $IVW

RiverFront Investment Group LLC increased its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 11.3% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 20,646 shares of the company’s stock after buying an additional 2,100 shares during the quarter. RiverFront Investment Group LLC’s holdings in iShares S&P 500 Growth ETF were worth $2,273,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Sax Wealth Advisors LLC raised its stake in iShares S&P 500 Growth ETF by 142.3% during the 2nd quarter. Sax Wealth Advisors LLC now owns 18,003 shares of the company’s stock valued at $1,982,000 after purchasing an additional 10,572 shares during the last quarter. Atlantic Union Bankshares Corp raised its position in shares of iShares S&P 500 Growth ETF by 114.0% during the second quarter. Atlantic Union Bankshares Corp now owns 12,691 shares of the company’s stock valued at $1,397,000 after buying an additional 6,761 shares during the last quarter. Embree Financial Group grew its position in iShares S&P 500 Growth ETF by 101.2% during the second quarter. Embree Financial Group now owns 8,357 shares of the company’s stock worth $920,000 after buying an additional 4,204 shares in the last quarter. Advyzon Investment Management LLC increased its stake in iShares S&P 500 Growth ETF by 59.4% during the second quarter. Advyzon Investment Management LLC now owns 4,694 shares of the company’s stock valued at $517,000 after acquiring an additional 1,750 shares during the period. Finally, Sharp Financial Services LLC grew its holdings in shares of iShares S&P 500 Growth ETF by 11.6% during the 2nd quarter. Sharp Financial Services LLC now owns 228,223 shares of the company’s stock worth $25,127,000 after purchasing an additional 23,728 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Performance

Shares of IVW stock opened at $121.29 on Tuesday. The firm has a fifty day moving average of $121.39 and a 200-day moving average of $114.12. The stock has a market cap of $65.84 billion, a price-to-earnings ratio of 33.33 and a beta of 1.11. iShares S&P 500 Growth ETF has a 52-week low of $79.31 and a 52-week high of $126.61.

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.