Sax Wealth Advisors LLC Acquires 10,572 Shares of iShares S&P 500 Growth ETF $IVW

Sax Wealth Advisors LLC increased its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 142.3% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 18,003 shares of the company’s stock after buying an additional 10,572 shares during the period. Sax Wealth Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $1,982,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently bought and sold shares of IVW. Envestnet Asset Management Inc. raised its holdings in iShares S&P 500 Growth ETF by 5.1% in the 1st quarter. Envestnet Asset Management Inc. now owns 48,079,544 shares of the company’s stock worth $4,463,224,000 after acquiring an additional 2,350,072 shares during the period. Sofi Wealth LLC raised its holdings in iShares S&P 500 Growth ETF by 4,023.6% in the 1st quarter. Sofi Wealth LLC now owns 1,857,008 shares of the company’s stock worth $172,386,000 after acquiring an additional 1,811,974 shares during the period. Liberty Wealth Management LLC raised its holdings in iShares S&P 500 Growth ETF by 489.6% in the 1st quarter. Liberty Wealth Management LLC now owns 1,363,876 shares of the company’s stock worth $126,609,000 after acquiring an additional 1,132,541 shares during the period. LPL Financial LLC raised its holdings in iShares S&P 500 Growth ETF by 5.5% in the 1st quarter. LPL Financial LLC now owns 18,929,345 shares of the company’s stock worth $1,757,211,000 after acquiring an additional 988,955 shares during the period. Finally, Pinkerton Retirement Specialists LLC raised its holdings in iShares S&P 500 Growth ETF by 192.5% in the 1st quarter. Pinkerton Retirement Specialists LLC now owns 1,135,349 shares of the company’s stock worth $105,394,000 after acquiring an additional 747,194 shares during the period.

iShares S&P 500 Growth ETF Price Performance

Shares of IVW opened at $120.98 on Wednesday. The company’s fifty day moving average price is $116.98 and its 200 day moving average price is $106.74. iShares S&P 500 Growth ETF has a one year low of $79.31 and a one year high of $121.95. The company has a market capitalization of $65.98 billion, a PE ratio of 33.33 and a beta of 1.05.

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.