iShares S&P 500 Growth ETF $IVW is Financial Life Advisors’ Largest Position

Financial Life Advisors decreased its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 6.5% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 337,681 shares of the company’s stock after selling 23,328 shares during the period. iShares S&P 500 Growth ETF comprises approximately 13.2% of Financial Life Advisors’ portfolio, making the stock its biggest holding. Financial Life Advisors’ holdings in iShares S&P 500 Growth ETF were worth $46,441,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the company. United Bank raised its holdings in iShares S&P 500 Growth ETF by 4.6% during 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 during the last quarter. Schnieders Capital Management LLC. bought a new stake in iShares S&P 500 Growth ETF in the 2nd quarter worth $600,000. Russell Investments Group Ltd. increased its position in shares of iShares S&P 500 Growth ETF by 13.4% in the second quarter. Russell Investments Group Ltd. now owns 5,992 shares of the company’s stock valued at $660,000 after acquiring an additional 707 shares during the period. First Trust Advisors LP increased its position in shares of iShares S&P 500 Growth ETF by 15.4% in the second 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 period. Finally, Flow Traders U.S. LLC bought a new position in shares of iShares S&P 500 Growth ETF during the second quarter valued at about $244,000.

iShares S&P 500 Growth ETF Trading Down 0.3%

Shares of NYSEARCA:IVW opened at $139.60 on Tuesday. The company has a 50-day moving average price of $137.30 and a 200-day moving average price of $130.28. The company has a market cap of $76.21 billion, a price-to-earnings ratio of 33.33 and a beta of 1.17. iShares S&P 500 Growth ETF has a 12 month low of $108.13 and a 12 month high of $143.26.

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.