iShares S&P 500 Growth ETF $IVW Stake Boosted by Financial Life Advisors

Financial Life Advisors boosted its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1.5% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 361,009 shares of the company’s stock after acquiring an additional 5,353 shares during the quarter. iShares S&P 500 Growth ETF accounts for 12.7% of Financial Life Advisors’ portfolio, making the stock its biggest holding. Financial Life Advisors owned 0.07% of iShares S&P 500 Growth ETF worth $40,834,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the company. United Bank boosted its holdings in shares of iShares S&P 500 Growth ETF by 4.6% in the second quarter. United Bank now owns 52,096 shares of the company’s stock worth $5,736,000 after buying an additional 2,280 shares during the last quarter. Schnieders Capital Management LLC. purchased a new stake in iShares S&P 500 Growth ETF during the second quarter valued at approximately $600,000. Russell Investments Group Ltd. raised its position in iShares S&P 500 Growth ETF by 13.4% in the second quarter. Russell Investments Group Ltd. now owns 5,992 shares of the company’s stock worth $660,000 after acquiring an additional 707 shares during the period. First Trust Advisors LP boosted its stake in shares of iShares S&P 500 Growth ETF by 15.4% during the 2nd quarter. First Trust Advisors LP now owns 31,834 shares of the company’s stock worth $3,505,000 after acquiring an additional 4,238 shares during the last quarter. Finally, Flow Traders U.S. LLC bought a new stake in shares of iShares S&P 500 Growth ETF during the 2nd quarter valued at $244,000.

iShares S&P 500 Growth ETF Price Performance

NYSEARCA:IVW opened at $136.06 on Wednesday. iShares S&P 500 Growth ETF has a one year low of $108.13 and a one year high of $141.98. The business has a fifty day moving average price of $135.84 and a 200-day moving average price of $126.32. The firm has a market capitalization of $74.15 billion, a price-to-earnings ratio of 33.33 and a beta of 1.17.

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. The Growth Index is a subset of the S&P 500 and consists of those stocks in the S&P 500 exhibiting the strongest growth characteristics.