MA Private Wealth Increases Stock Holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

MA Private Wealth increased its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 16.9% in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 211,790 shares of the company’s stock after buying an additional 30,545 shares during the quarter. iShares S&P 500 Growth ETF comprises approximately 3.9% of MA Private Wealth’s portfolio, making the stock its 8th biggest position. MA Private Wealth’s holdings in iShares S&P 500 Growth ETF were worth $19,599,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Mayflower Financial Advisors LLC grew its stake in shares of iShares S&P 500 Growth ETF by 40.5% in the second quarter. Mayflower Financial Advisors LLC now owns 115,602 shares of the company’s stock worth $10,698,000 after acquiring an additional 33,348 shares during the period. FineMark National Bank & Trust grew its position in iShares S&P 500 Growth ETF by 4.8% in the 2nd quarter. FineMark National Bank & Trust now owns 71,052 shares of the company’s stock worth $6,575,000 after purchasing an additional 3,279 shares during the period. FFG Retirement Advisors LLC purchased a new stake in iShares S&P 500 Growth ETF during the 2nd quarter valued at $3,787,000. Stablepoint Partners LLC lifted its holdings in shares of iShares S&P 500 Growth ETF by 5.4% during the 2nd quarter. Stablepoint Partners LLC now owns 22,596 shares of the company’s stock valued at $2,035,000 after buying an additional 1,162 shares during the period. Finally, Belpointe Asset Management LLC boosted its stake in shares of iShares S&P 500 Growth ETF by 9.9% in the 2nd quarter. Belpointe Asset Management LLC now owns 104,080 shares of the company’s stock worth $9,632,000 after buying an additional 9,338 shares during the last quarter.

iShares S&P 500 Growth ETF Price Performance

Shares of IVW opened at $90.20 on Friday. The firm has a market capitalization of $47.26 billion, a P/E ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a one year low of $65.53 and a one year high of $97.22. The business has a fifty day moving average of $92.03 and a 200 day moving average of $87.63.

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.