Silver Lake Advisory LLC Makes New Investment in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Silver Lake Advisory LLC purchased a new stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 3,516 shares of the company’s stock, valued at approximately $325,000.

A number of other hedge funds also recently made changes to their positions in the business. Envestnet Asset Management Inc. increased its position 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 valued at $4,536,529,000 after acquiring an additional 15,673,824 shares during the period. LPL Financial LLC increased 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 valued at $1,427,606,000 after purchasing an additional 4,015,007 shares during the period. Envestnet Portfolio Solutions Inc. raised its stake 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 valued at $589,623,000 after purchasing an additional 2,404,544 shares in the last quarter. Cetera Investment Advisers lifted its holdings in iShares S&P 500 Growth ETF by 200.4% in the first quarter. Cetera Investment Advisers now owns 2,545,315 shares of the company’s stock worth $214,926,000 after purchasing an additional 1,698,066 shares during the period. Finally, CWM LLC grew its position in iShares S&P 500 Growth ETF by 57.0% in the 1st quarter. CWM LLC now owns 4,419,212 shares of the company’s stock valued at $373,158,000 after buying an additional 1,604,659 shares in the last quarter.

iShares S&P 500 Growth ETF Trading Down 0.6 %

iShares S&P 500 Growth ETF stock opened at $95.26 on Monday. The company’s 50-day moving average price is $91.56 and its two-hundred day moving average price is $88.91. The stock has a market cap of $49.91 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a 52 week low of $65.53 and a 52 week high of $97.22.

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.