Sax Wealth Advisors LLC Grows Stock Holdings in iShares S&P 500 Growth ETF $IVW

Sax Wealth Advisors LLC grew its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 34.4% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 15,805 shares of the company’s stock after purchasing an additional 4,046 shares during the period. Sax Wealth Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $2,174,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Avity Investment Management Inc. purchased a new position in iShares S&P 500 Growth ETF during the second quarter worth approximately $217,000. Breakwater Capital Group grew its holdings in iShares S&P 500 Growth ETF by 2.6% in the 2nd quarter. Breakwater Capital Group now owns 30,742 shares of the company’s stock valued at $4,228,000 after buying an additional 777 shares in the last quarter. Strategic Point Investment Advisors LLC grew its holdings in iShares S&P 500 Growth ETF by 8.7% in the 2nd quarter. Strategic Point Investment Advisors LLC now owns 3,088 shares of the company’s stock valued at $425,000 after buying an additional 248 shares in the last quarter. Sunburst Financial Group LLC acquired a new stake in shares of iShares S&P 500 Growth ETF in the 2nd quarter worth $202,000. Finally, Valeo Financial Advisors LLC increased its stake in shares of iShares S&P 500 Growth ETF by 11.2% in the 2nd quarter. Valeo Financial Advisors LLC now owns 40,508 shares of the company’s stock worth $5,571,000 after acquiring an additional 4,094 shares during the last quarter.

iShares S&P 500 Growth ETF Price Performance

NYSEARCA IVW opened at $142.10 on Monday. iShares S&P 500 Growth ETF has a 52 week low of $108.13 and a 52 week high of $143.26. The business’s fifty day simple moving average is $136.32 and its 200-day simple moving average is $128.32. The firm has a market cap of $77.58 billion, a PE ratio of 33.33 and a beta of 1.17.

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. The Growth Index is a subset of the S&P 500 and consists of those stocks in the S&P 500 exhibiting the strongest growth characteristics.