Mount Yale Investment Advisors LLC Buys 22,131 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Mount Yale Investment Advisors LLC grew its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 46.1% in the second quarter, according to its most recent filing with the SEC. The fund owned 70,183 shares of the company’s stock after acquiring an additional 22,131 shares during the period. iShares S&P 500 Growth ETF accounts for approximately 0.5% of Mount Yale Investment Advisors LLC’s investment portfolio, making the stock its 27th biggest position. Mount Yale Investment Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $6,495,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Envestnet Asset Management Inc. raised its position 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 valued at $4,536,529,000 after purchasing an additional 15,673,824 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in iShares S&P 500 Growth ETF by 1.5% in the 1st quarter. JPMorgan Chase & Co. now owns 46,660,015 shares of the company’s stock valued at $3,939,972,000 after buying an additional 709,113 shares during the last quarter. LPL Financial LLC boosted 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 buying an additional 4,015,007 shares during the period. Stifel Financial Corp grew its holdings in iShares S&P 500 Growth ETF by 0.8% during the 4th quarter. Stifel Financial Corp now owns 6,968,324 shares of the company’s stock worth $523,327,000 after acquiring an additional 58,292 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. increased its position in iShares S&P 500 Growth ETF by 60.6% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 6,371,552 shares of the company’s stock valued at $589,623,000 after acquiring an additional 2,404,544 shares during the period.

iShares S&P 500 Growth ETF Stock Performance

IVW stock opened at $94.90 on Friday. The company has a market capitalization of $49.72 billion, a P/E ratio of 28.52 and a beta of 1.14. The company has a fifty day moving average price of $91.42 and a 200-day moving average price of $88.44. iShares S&P 500 Growth ETF has a 52-week low of $65.53 and a 52-week high of $97.22.

iShares S&P 500 Growth ETF Company 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.