NewEdge Advisors LLC Purchases 20,421 Shares of iShares S&P 500 Growth ETF $IVW

NewEdge Advisors LLC lifted its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,841,602 shares of the company’s stock after acquiring an additional 20,421 shares during the quarter. iShares S&P 500 Growth ETF makes up approximately 0.7% of NewEdge Advisors LLC’s holdings, making the stock its 21st largest holding. NewEdge Advisors LLC owned about 0.34% of iShares S&P 500 Growth ETF worth $253,275,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of IVW. Strive Financial Group LLC acquired a new stake in iShares S&P 500 Growth ETF during the 4th quarter valued at $26,000. Financial Network Wealth Advisors LLC boosted its stake in iShares S&P 500 Growth ETF by 174.4% in the fourth quarter. Financial Network Wealth Advisors LLC now owns 225 shares of the company’s stock worth $28,000 after purchasing an additional 143 shares in the last quarter. Turning Point Benefit Group Inc. bought a new stake in shares of iShares S&P 500 Growth ETF during the third quarter worth $28,000. Darwin Wealth Management LLC bought a new stake in shares of iShares S&P 500 Growth ETF during the second quarter worth $30,000. Finally, Entrust Financial LLC acquired a new stake in shares of iShares S&P 500 Growth ETF in the fourth quarter valued at $33,000.

iShares S&P 500 Growth ETF Stock Down 0.5%

iShares S&P 500 Growth ETF stock opened at $139.82 on Wednesday. The stock has a 50-day simple moving average of $137.95 and a 200 day simple moving average of $131.12. The stock has a market capitalization of $76.33 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 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.