iShares S&P 500 Growth ETF $IVW is Physician Wealth Advisors Inc.’s 8th Largest Position

Physician Wealth Advisors Inc. raised its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 6.9% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 211,406 shares of the company’s stock after acquiring an additional 13,669 shares during the period. iShares S&P 500 Growth ETF makes up approximately 3.3% of Physician Wealth Advisors Inc.’s investment portfolio, making the stock its 8th largest position. Physician Wealth Advisors Inc.’s holdings in iShares S&P 500 Growth ETF were worth $23,912,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of the business. United Bank grew its holdings in iShares S&P 500 Growth ETF by 4.6% in the 2nd quarter. United Bank now owns 52,096 shares of the company’s stock valued at $5,736,000 after buying an additional 2,280 shares in the last quarter. Schnieders Capital Management LLC. purchased a new position in shares of iShares S&P 500 Growth ETF during the 2nd quarter worth $600,000. Russell Investments Group Ltd. raised its holdings in shares of iShares S&P 500 Growth ETF by 13.4% during the 2nd quarter. Russell Investments Group Ltd. now owns 5,992 shares of the company’s stock worth $660,000 after acquiring an additional 707 shares during the period. First Trust Advisors LP boosted its position in shares of iShares S&P 500 Growth ETF by 15.4% during the 2nd quarter. First Trust Advisors LP now owns 31,834 shares of the company’s stock valued at $3,505,000 after acquiring an additional 4,238 shares during the last quarter. Finally, Flow Traders U.S. LLC purchased a new stake in shares of iShares S&P 500 Growth ETF in the second quarter valued at about $244,000.

iShares S&P 500 Growth ETF Trading Down 0.5%

iShares S&P 500 Growth ETF stock opened at $136.88 on Thursday. The company has a 50-day moving average price of $135.23 and a 200 day moving average price of $125.92. iShares S&P 500 Growth ETF has a 12-month low of $108.13 and a 12-month high of $141.98. The stock has a market cap of $74.53 billion, a P/E ratio of 33.33 and a beta of 1.17.

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. The Growth Index is a subset of the S&P 500 and consists of those stocks in the S&P 500 exhibiting the strongest growth characteristics.