Sofi Wealth LLC Buys 77,843 Shares of iShares S&P 500 Growth ETF $IVW

Sofi Wealth LLC lifted its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 4.2% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,934,851 shares of the company’s stock after purchasing an additional 77,843 shares during the period. iShares S&P 500 Growth ETF accounts for 13.0% of Sofi Wealth LLC’s holdings, making the stock its biggest position. Sofi Wealth LLC owned about 0.35% of iShares S&P 500 Growth ETF worth $213,027,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. LPL Financial LLC grew its position in shares of 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 valued at $1,757,211,000 after acquiring an additional 988,955 shares during the period. Goldman Sachs Group Inc. lifted its stake in iShares S&P 500 Growth ETF by 4.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 6,639,595 shares of the company’s stock valued at $616,354,000 after purchasing an additional 279,859 shares during the last quarter. PNC Financial Services Group Inc. grew its holdings in iShares S&P 500 Growth ETF by 1.4% during the second quarter. PNC Financial Services Group Inc. now owns 5,568,243 shares of the company’s stock worth $613,064,000 after purchasing an additional 76,455 shares during the period. Commonwealth Equity Services LLC grew its holdings in iShares S&P 500 Growth ETF by 1.9% during the second quarter. Commonwealth Equity Services LLC now owns 3,599,847 shares of the company’s stock worth $396,343,000 after purchasing an additional 66,596 shares during the period. Finally, Cetera Investment Advisers increased its position in iShares S&P 500 Growth ETF by 7.9% during the first quarter. Cetera Investment Advisers now owns 3,465,787 shares of the company’s stock worth $321,729,000 after buying an additional 253,383 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Up 0.1%

IVW opened at $121.04 on Monday. The business has a 50 day moving average of $121.26 and a 200-day moving average of $113.16. iShares S&P 500 Growth ETF has a 12-month low of $79.31 and a 12-month high of $126.61. The stock has a market cap of $65.71 billion, a price-to-earnings ratio of 33.33 and a beta of 1.11.

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.