Cetera Investment Advisers Grows Holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Cetera Investment Advisers increased its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 30.5% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,320,633 shares of the company’s stock after acquiring an additional 775,318 shares during the quarter. iShares S&P 500 Growth ETF comprises about 0.7% of Cetera Investment Advisers’ investment portfolio, making the stock its 17th biggest holding. Cetera Investment Advisers owned about 0.63% of iShares S&P 500 Growth ETF worth $307,291,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the business. Envestnet Asset Management Inc. increased its stake in shares of iShares S&P 500 Growth ETF by 47.0% during 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 purchasing an additional 15,673,824 shares in the last quarter. LPL Financial LLC raised its stake in 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 buying an additional 4,015,007 shares during the last quarter. Envestnet Portfolio Solutions Inc. boosted its holdings 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 worth $589,623,000 after acquiring an additional 2,404,544 shares in the last quarter. CWM LLC grew its stake in shares of iShares S&P 500 Growth ETF by 57.0% in the first quarter. CWM LLC now owns 4,419,212 shares of the company’s stock worth $373,158,000 after acquiring an additional 1,604,659 shares during the last quarter. Finally, Park Avenue Securities LLC increased its holdings in shares of iShares S&P 500 Growth ETF by 60.1% during the second quarter. Park Avenue Securities LLC now owns 4,243,838 shares of the company’s stock valued at $392,725,000 after acquiring an additional 1,593,875 shares in the last quarter.

iShares S&P 500 Growth ETF Price Performance

IVW opened at $95.75 on Tuesday. The firm has a market cap of $50.16 billion, a PE ratio of 28.52 and a beta of 1.14. The stock has a 50-day moving average price of $91.61 and a 200-day moving average price of $89.00. iShares S&P 500 Growth ETF has a 1 year low of $65.53 and a 1 year high of $97.22.

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.