iShares S&P 500 Growth ETF (NYSEARCA:IVW) Shares Acquired by Financial Perspectives Inc

Financial Perspectives Inc increased its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 95,033 shares of the company’s stock after acquiring an additional 990 shares during the quarter. iShares S&P 500 Growth ETF comprises approximately 3.2% of Financial Perspectives Inc’s portfolio, making the stock its 7th largest holding. Financial Perspectives Inc’s holdings in iShares S&P 500 Growth ETF were worth $8,794,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Envestnet Asset Management Inc. boosted its holdings in shares of iShares S&P 500 Growth ETF by 47.0% in the second 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. JPMorgan Chase & Co. boosted its stake in iShares S&P 500 Growth ETF by 1.5% during the 1st quarter. JPMorgan Chase & Co. now owns 46,660,015 shares of the company’s stock worth $3,939,972,000 after purchasing an additional 709,113 shares during the period. LPL Financial LLC grew its position in iShares S&P 500 Growth ETF by 35.2% during the 2nd quarter. LPL Financial LLC now owns 15,426,906 shares of the company’s stock worth $1,427,606,000 after purchasing an additional 4,015,007 shares during the last quarter. Stifel Financial Corp increased its stake in iShares S&P 500 Growth ETF by 0.8% in the fourth quarter. Stifel Financial Corp now owns 6,968,324 shares of the company’s stock valued at $523,327,000 after purchasing an additional 58,292 shares during the period. Finally, Envestnet Portfolio Solutions Inc. increased its stake in iShares S&P 500 Growth ETF by 60.6% in 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 during the period.

iShares S&P 500 Growth ETF Stock Performance

Shares of IVW opened at $93.40 on Monday. 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 firm has a 50-day simple moving average of $91.64 and a 200-day simple moving average of $88.10. The company has a market capitalization of $48.93 billion, a price-to-earnings 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.