Hsbc Holdings PLC Purchases 18,900 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Hsbc Holdings PLC grew its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 18.3% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 122,400 shares of the company’s stock after purchasing an additional 18,900 shares during the period. Hsbc Holdings PLC’s holdings in iShares S&P 500 Growth ETF were worth $11,326,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. CarsonAllaria Wealth Management Ltd. grew its position in shares of iShares S&P 500 Growth ETF by 45.5% in the 1st quarter. CarsonAllaria Wealth Management Ltd. now owns 400 shares of the company’s stock valued at $34,000 after purchasing an additional 125 shares during the period. 1620 Investment Advisors Inc. acquired a new position in shares of iShares S&P 500 Growth ETF in the second quarter valued at approximately $34,000. Financial Connections Group Inc. bought a new stake in shares of iShares S&P 500 Growth ETF during the second quarter worth $35,000. GPS Wealth Strategies Group LLC raised its holdings in shares of iShares S&P 500 Growth ETF by 91.3% during the second quarter. GPS Wealth Strategies Group LLC now owns 417 shares of the company’s stock worth $39,000 after acquiring an additional 199 shares during the period. Finally, Avondale Wealth Management lifted its position in iShares S&P 500 Growth ETF by 56.1% in the 2nd quarter. Avondale Wealth Management now owns 434 shares of the company’s stock valued at $40,000 after acquiring an additional 156 shares in the last quarter.

iShares S&P 500 Growth ETF Trading Up 0.2 %

Shares of NYSEARCA IVW opened at $95.08 on Tuesday. The company has a fifty day moving average price of $91.40 and a 200 day moving average price of $88.56. iShares S&P 500 Growth ETF has a 1-year low of $65.53 and a 1-year high of $97.22. The firm has a market cap of $49.81 billion, a PE 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.