Greystone Financial Group LLC Makes New $280,000 Investment in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Greystone Financial Group LLC acquired a new position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,921 shares of the company’s stock, valued at approximately $280,000.

Several other large investors also recently bought and sold shares of the company. Envestnet Asset Management Inc. lifted its stake in shares of iShares S&P 500 Growth ETF by 47.0% in the 2nd 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 in the last quarter. LPL Financial LLC increased its holdings in shares of iShares S&P 500 Growth ETF by 35.2% in the 2nd quarter. LPL Financial LLC now owns 15,426,906 shares of the company’s stock valued at $1,427,606,000 after acquiring an additional 4,015,007 shares during the last quarter. Envestnet Portfolio Solutions Inc. grew its stake in iShares S&P 500 Growth ETF by 60.6% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 6,371,552 shares of the company’s stock worth $589,623,000 after buying an additional 2,404,544 shares during the last quarter. Cetera Investment Advisers grew its stake in iShares S&P 500 Growth ETF by 200.4% during the 1st 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 during the last quarter. Finally, Park Avenue Securities LLC grew its stake in shares of iShares S&P 500 Growth ETF by 60.1% in the second quarter. Park Avenue Securities LLC now owns 4,243,838 shares of the company’s stock worth $392,725,000 after purchasing an additional 1,593,875 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Performance

NYSEARCA:IVW opened at $96.45 on Thursday. The stock has a market cap of $50.53 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. The business has a fifty day moving average of $94.18 and a 200-day moving average of $90.40. iShares S&P 500 Growth ETF has a 1 year low of $65.53 and a 1 year high of $98.27.

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.