Commonwealth Retirement Investments LLC Raises Stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Commonwealth Retirement Investments LLC boosted its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 65.0% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 30,188 shares of the company’s stock after buying an additional 11,895 shares during the quarter. iShares S&P 500 Growth ETF accounts for about 1.3% of Commonwealth Retirement Investments LLC’s portfolio, making the stock its 22nd largest holding. Commonwealth Retirement Investments LLC’s holdings in iShares S&P 500 Growth ETF were worth $2,794,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Lloyd Advisory Services LLC. acquired a new stake in iShares S&P 500 Growth ETF during the 2nd quarter worth about $1,019,000. Savant Capital LLC grew its holdings in iShares S&P 500 Growth ETF by 9.1% during the second quarter. Savant Capital LLC now owns 110,410 shares of the company’s stock worth $10,217,000 after acquiring an additional 9,178 shares during the period. Private Advisor Group LLC raised its position in iShares S&P 500 Growth ETF by 10.0% during the second quarter. Private Advisor Group LLC now owns 447,159 shares of the company’s stock valued at $41,380,000 after acquiring an additional 40,816 shares in the last quarter. Farmers & Merchants Investments Inc. lifted its holdings in iShares S&P 500 Growth ETF by 1.1% in the second quarter. Farmers & Merchants Investments Inc. now owns 112,910 shares of the company’s stock valued at $10,449,000 after acquiring an additional 1,225 shares during the period. Finally, Denver PWM LLC purchased a new stake in iShares S&P 500 Growth ETF in the 2nd quarter worth approximately $65,000.

iShares S&P 500 Growth ETF Price Performance

Shares of NYSEARCA IVW opened at $88.22 on Friday. The stock has a market capitalization of $46.22 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. The firm’s 50 day simple moving average is $91.95 and its 200-day simple moving average is $87.68. iShares S&P 500 Growth ETF has a 12 month low of $65.53 and a 12 month high of $97.22.

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.