iShares S&P 500 Growth ETF (NYSEARCA:IVW) Position Increased by NewEdge Advisors LLC

NewEdge Advisors LLC lifted its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 87.6% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,485,754 shares of the company’s stock after acquiring an additional 693,848 shares during the quarter. iShares S&P 500 Growth ETF accounts for about 1.0% of NewEdge Advisors LLC’s investment portfolio, making the stock its 10th biggest position. NewEdge Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $137,492,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of IVW. CarsonAllaria Wealth Management Ltd. increased its position in shares of iShares S&P 500 Growth ETF by 45.5% during the first quarter. CarsonAllaria Wealth Management Ltd. now owns 400 shares of the company’s stock worth $34,000 after acquiring an additional 125 shares during the last quarter. 1620 Investment Advisors Inc. bought a new stake in iShares S&P 500 Growth ETF in the second quarter valued at about $34,000. Financial Connections Group Inc. bought a new stake in iShares S&P 500 Growth ETF in the second quarter valued at about $35,000. GPS Wealth Strategies Group LLC increased its holdings in iShares S&P 500 Growth ETF by 91.3% in the second quarter. GPS Wealth Strategies Group LLC now owns 417 shares of the company’s stock valued at $39,000 after buying an additional 199 shares during the last quarter. Finally, Avondale Wealth Management increased its holdings 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 last quarter.

iShares S&P 500 Growth ETF Stock Down 0.6 %

Shares of iShares S&P 500 Growth ETF stock opened at $95.26 on Friday. The firm has a market cap of $49.91 billion, a P/E ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a fifty-two week low of $65.53 and a fifty-two week high of $97.22. The business has a 50-day moving average price of $91.56 and a 200 day moving average price of $88.87.

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.