Sunbelt Securities Inc. Raises Holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Sunbelt Securities Inc. raised its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 0.1% in the second quarter, HoldingsChannel.com reports. The firm owned 180,786 shares of the company’s stock after buying an additional 217 shares during the period. iShares S&P 500 Growth ETF comprises 1.7% of Sunbelt Securities Inc.’s holdings, making the stock its 7th largest position. Sunbelt Securities Inc.’s holdings in iShares S&P 500 Growth ETF were worth $16,730,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. 1620 Investment Advisors Inc. bought a new position in shares of iShares S&P 500 Growth ETF in the second quarter valued at approximately $34,000. Financial Connections Group Inc. purchased a new stake in iShares S&P 500 Growth ETF in the 2nd quarter valued at $35,000. CarsonAllaria Wealth Management Ltd. lifted its stake in 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 valued at $34,000 after acquiring an additional 125 shares in the last quarter. GPS Wealth Strategies Group LLC boosted its holdings in iShares S&P 500 Growth ETF by 91.3% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 417 shares of the company’s stock worth $39,000 after acquiring an additional 199 shares during the last quarter. Finally, Avondale Wealth Management grew its stake in shares of iShares S&P 500 Growth ETF by 56.1% in the 2nd quarter. Avondale Wealth Management now owns 434 shares of the company’s stock worth $40,000 after acquiring an additional 156 shares in the last quarter.

iShares S&P 500 Growth ETF Price Performance

Shares of IVW stock opened at $95.26 on Monday. The firm has a 50-day moving average of $91.56 and a 200-day moving average of $88.91. iShares S&P 500 Growth ETF has a one year low of $65.53 and a one year high of $97.22. The company 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 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.