iShares S&P 500 Growth ETF (NYSEARCA:IVW) Shares Bought by Wedbush Securities Inc.

Wedbush Securities Inc. raised its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 27.1% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 5,373 shares of the company’s stock after purchasing an additional 1,147 shares during the period. Wedbush Securities Inc.’s holdings in iShares S&P 500 Growth ETF were worth $497,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in IVW. JPMorgan Chase & Co. raised its stake in iShares S&P 500 Growth ETF by 1.5% in the first quarter. JPMorgan Chase & Co. now owns 46,660,015 shares of the company’s stock valued at $3,939,972,000 after buying an additional 709,113 shares during the last quarter. Stifel Financial Corp increased its holdings in shares of iShares S&P 500 Growth ETF by 0.8% during the fourth quarter. Stifel Financial Corp now owns 6,968,324 shares of the company’s stock valued at $523,327,000 after acquiring an additional 58,292 shares in the last quarter. Envestnet Portfolio Solutions Inc. raised its position in shares of iShares S&P 500 Growth ETF by 60.6% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 6,371,552 shares of the company’s stock valued at $589,623,000 after purchasing an additional 2,404,544 shares during the last quarter. CWM LLC boosted its stake in iShares S&P 500 Growth ETF by 36.0% in the 2nd quarter. CWM LLC now owns 6,010,873 shares of the company’s stock worth $556,246,000 after purchasing an additional 1,591,661 shares in the last quarter. Finally, Park Avenue Securities LLC grew its position in iShares S&P 500 Growth ETF by 60.1% during the 2nd quarter. Park Avenue Securities LLC now owns 4,243,838 shares of the company’s stock worth $392,725,000 after purchasing an additional 1,593,875 shares during the last quarter.

iShares S&P 500 Growth ETF Trading Up 1.1 %

NYSEARCA IVW opened at $92.92 on Friday. iShares S&P 500 Growth ETF has a 12-month low of $65.53 and a 12-month high of $97.22. The company has a fifty day simple moving average of $91.69 and a two-hundred day simple moving average of $87.94. The stock has a market cap of $48.68 billion, a P/E ratio of 28.52 and a beta of 1.14.

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.