Schrum Private Wealth Management LLC Acquires 305 Shares of iShares S&P 500 Growth ETF $IVW

Schrum Private Wealth Management LLC lifted its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 10.4% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,237 shares of the company’s stock after purchasing an additional 305 shares during the period. Schrum Private Wealth Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $356,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of IVW. Integrated Advisors Network LLC increased its stake in shares of iShares S&P 500 Growth ETF by 196.1% in the first quarter. Integrated Advisors Network LLC now owns 113,420 shares of the company’s stock worth $10,529,000 after purchasing an additional 75,118 shares in the last quarter. CX Institutional increased its stake in shares of iShares S&P 500 Growth ETF by 4.3% in the first quarter. CX Institutional now owns 117,599 shares of the company’s stock worth $10,917,000 after purchasing an additional 4,876 shares in the last quarter. Strategic Equity Management increased its stake in shares of iShares S&P 500 Growth ETF by 5.7% in the first quarter. Strategic Equity Management now owns 122,221 shares of the company’s stock worth $11,346,000 after purchasing an additional 6,616 shares in the last quarter. My Legacy Advisors LLC increased its stake in shares of iShares S&P 500 Growth ETF by 1.8% in the first quarter. My Legacy Advisors LLC now owns 50,984 shares of the company’s stock worth $4,733,000 after purchasing an additional 889 shares in the last quarter. Finally, USA Financial Formulas increased its stake in shares of iShares S&P 500 Growth ETF by 59.1% in the first quarter. USA Financial Formulas now owns 1,315,807 shares of the company’s stock worth $122,146,000 after purchasing an additional 488,603 shares in the last quarter.

iShares S&P 500 Growth ETF Price Performance

Shares of NYSEARCA IVW opened at $122.00 on Thursday. The firm has a fifty day moving average price of $117.13 and a 200-day moving average price of $106.84. The stock has a market cap of $66.53 billion, a PE ratio of 33.33 and a beta of 1.05. iShares S&P 500 Growth ETF has a 1 year low of $79.31 and a 1 year high of $122.02.

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.