Ellis Investment Partners LLC Acquires 494 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Ellis Investment Partners LLC raised its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 0.7% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 69,450 shares of the company’s stock after purchasing an additional 494 shares during the quarter. iShares S&P 500 Growth ETF accounts for 1.4% of Ellis Investment Partners LLC’s investment portfolio, making the stock its 17th largest position. Ellis Investment Partners LLC’s holdings in iShares S&P 500 Growth ETF were worth $6,427,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Envestnet Portfolio Solutions Inc. grew its position in iShares S&P 500 Growth ETF by 60.6% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 6,371,552 shares of the company’s stock valued at $589,623,000 after buying an additional 2,404,544 shares during the period. Cetera Investment Advisers raised its position in iShares S&P 500 Growth ETF by 200.4% in the first quarter. Cetera Investment Advisers now owns 2,545,315 shares of the company’s stock worth $214,926,000 after acquiring an additional 1,698,066 shares during the period. CWM LLC boosted its stake in iShares S&P 500 Growth ETF by 57.0% in the first quarter. CWM LLC now owns 4,419,212 shares of the company’s stock valued at $373,158,000 after acquiring an additional 1,604,659 shares during the last quarter. Park Avenue Securities LLC grew its position in shares of iShares S&P 500 Growth ETF by 60.1% during the 2nd quarter. Park Avenue Securities LLC now owns 4,243,838 shares of the company’s stock valued at $392,725,000 after acquiring an additional 1,593,875 shares during the period. Finally, Midland Wealth Advisors LLC purchased a new stake in shares of iShares S&P 500 Growth ETF during the 4th quarter worth approximately $100,134,000.

iShares S&P 500 Growth ETF Trading Down 2.2 %

NYSEARCA:IVW opened at $88.22 on Friday. iShares S&P 500 Growth ETF has a 12 month low of $65.53 and a 12 month high of $97.22. The firm’s 50 day moving average is $91.95 and its 200 day moving average is $87.73. The stock has a market capitalization of $46.22 billion, a PE ratio of 28.52 and a beta of 1.14.

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.