Waters Parkerson & CO. LLC Buys New Holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Waters Parkerson & CO. LLC purchased a new position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the 2nd quarter, Holdings Channel reports. The institutional investor purchased 4,000 shares of the company’s stock, valued at approximately $370,000.

A number of other institutional investors have also added to or reduced their stakes in the stock. Bridges Investment Management Inc. grew its stake in iShares S&P 500 Growth ETF by 272.1% during the second quarter. Bridges Investment Management Inc. now owns 57,540 shares of the company’s stock valued at $5,325,000 after acquiring an additional 42,077 shares in the last quarter. Ieq Capital LLC boosted its holdings in shares of iShares S&P 500 Growth ETF by 2.9% during the 2nd quarter. Ieq Capital LLC now owns 121,369 shares of the company’s stock valued at $11,232,000 after purchasing an additional 3,399 shares during the last quarter. Brighton Jones LLC grew its position in shares of iShares S&P 500 Growth ETF by 1.0% during the second quarter. Brighton Jones LLC now owns 48,748 shares of the company’s stock valued at $4,511,000 after purchasing an additional 482 shares in the last quarter. Concorde Asset Management LLC increased its holdings in shares of iShares S&P 500 Growth ETF by 61.4% in the second quarter. Concorde Asset Management LLC now owns 37,795 shares of the company’s stock worth $3,498,000 after purchasing an additional 14,373 shares during the last quarter. Finally, WCG Wealth Advisors LLC lifted its position in shares of iShares S&P 500 Growth ETF by 272.3% in the second quarter. WCG Wealth Advisors LLC now owns 115,565 shares of the company’s stock worth $10,694,000 after buying an additional 84,527 shares in the last quarter.

iShares S&P 500 Growth ETF Trading Up 2.5 %

Shares of iShares S&P 500 Growth ETF stock opened at $95.15 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 stock has a 50 day moving average of $91.44 and a 200 day moving average of $88.32. The firm has a market cap of $49.85 billion, a PE ratio of 28.52 and a beta of 1.14.

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.