Hsbc Holdings PLC Has $11.33 Million Holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Hsbc Holdings PLC lifted its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 18.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 122,400 shares of the company’s stock after buying an additional 18,900 shares during the quarter. Hsbc Holdings PLC’s holdings in iShares S&P 500 Growth ETF were worth $11,326,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. CarsonAllaria Wealth Management Ltd. increased its stake in shares of iShares S&P 500 Growth ETF by 45.5% during the 1st quarter. CarsonAllaria Wealth Management Ltd. now owns 400 shares of the company’s stock worth $34,000 after purchasing an additional 125 shares during the last quarter. 1620 Investment Advisors Inc. acquired a new stake in iShares S&P 500 Growth ETF in the 2nd quarter valued at about $34,000. Financial Connections Group Inc. bought a new position in iShares S&P 500 Growth ETF during the second quarter worth about $35,000. GPS Wealth Strategies Group LLC increased its position in iShares S&P 500 Growth ETF by 91.3% during the second quarter. GPS Wealth Strategies Group LLC now owns 417 shares of the company’s stock worth $39,000 after buying an additional 199 shares during the last quarter. Finally, Avondale Wealth Management raised its stake in iShares S&P 500 Growth ETF by 56.1% in the second quarter. Avondale Wealth Management now owns 434 shares of the company’s stock valued at $40,000 after buying an additional 156 shares during the period.

iShares S&P 500 Growth ETF Trading Up 0.2 %

Shares of NYSEARCA IVW opened at $95.08 on Tuesday. The company has a market capitalization of $49.81 billion, a P/E ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a 12 month low of $65.53 and a 12 month high of $97.22. The stock has a 50 day moving average of $91.40 and a 200-day moving average of $88.56.

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.