Tcwp LLC Increases Stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Tcwp LLC boosted its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 62.5% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 5,842 shares of the company’s stock after buying an additional 2,248 shares during the quarter. iShares S&P 500 Growth ETF makes up about 1.3% of Tcwp LLC’s holdings, making the stock its 23rd biggest holding. Tcwp LLC’s holdings in iShares S&P 500 Growth ETF were worth $541,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Envestnet Asset Management Inc. lifted its stake in 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 worth $4,536,529,000 after acquiring an additional 15,673,824 shares during the period. LPL Financial LLC boosted its stake in shares of 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 valued at $1,427,606,000 after purchasing an additional 4,015,007 shares in the last quarter. Envestnet Portfolio Solutions Inc. increased its position 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 buying an additional 2,404,544 shares during the period. Cetera Investment Advisers raised its stake 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 buying an additional 1,698,066 shares in the last quarter. Finally, CWM LLC lifted its holdings in 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 buying an additional 1,604,659 shares during the period.

iShares S&P 500 Growth ETF Stock Performance

IVW stock opened at $94.91 on Friday. 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 company has a market capitalization of $49.72 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. The business’s 50 day moving average price is $91.42 and its two-hundred day moving average price is $88.40.

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.