Brighton Jones LLC Raises Stock Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Brighton Jones LLC increased its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1.0% in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 48,748 shares of the company’s stock after acquiring an additional 482 shares during the quarter. Brighton Jones LLC’s holdings in iShares S&P 500 Growth ETF were worth $4,511,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Envestnet Asset Management Inc. increased its holdings in iShares S&P 500 Growth ETF by 47.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 49,022,359 shares of the company’s stock worth $4,536,529,000 after acquiring an additional 15,673,824 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of iShares S&P 500 Growth ETF by 1.5% during the first quarter. JPMorgan Chase & Co. now owns 46,660,015 shares of the company’s stock worth $3,939,972,000 after buying an additional 709,113 shares in the last quarter. LPL Financial LLC grew its holdings in shares of iShares S&P 500 Growth ETF by 35.2% during the second quarter. LPL Financial LLC now owns 15,426,906 shares of the company’s stock worth $1,427,606,000 after buying an additional 4,015,007 shares in the last quarter. Stifel Financial Corp grew 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 worth $523,327,000 after buying an additional 58,292 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. grew its holdings in shares of iShares S&P 500 Growth ETF by 60.6% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 6,371,552 shares of the company’s stock worth $589,623,000 after buying an additional 2,404,544 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Up 2.5 %

iShares S&P 500 Growth ETF stock opened at $95.15 on Friday. iShares S&P 500 Growth ETF has a 52-week low of $65.53 and a 52-week high of $97.22. The firm has a market capitalization of $49.85 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. The company has a fifty day simple moving average of $91.44 and a 200-day simple moving average of $88.32.

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.