Graypoint LLC Increases Holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Graypoint LLC boosted its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 12.8% during the 3rd quarter, HoldingsChannel reports. The firm owned 209,738 shares of the company’s stock after purchasing an additional 23,790 shares during the period. iShares S&P 500 Growth ETF comprises about 1.3% of Graypoint LLC’s investment portfolio, making the stock its 17th biggest position. Graypoint LLC’s holdings in iShares S&P 500 Growth ETF were worth $20,082,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in IVW. Envestnet Asset Management Inc. raised its holdings in iShares S&P 500 Growth ETF by 47.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 49,022,359 shares of the company’s stock worth $4,536,529,000 after purchasing an additional 15,673,824 shares during the period. LPL Financial LLC increased its position in iShares S&P 500 Growth ETF by 35.2% in the second quarter. LPL Financial LLC now owns 15,426,906 shares of the company’s stock worth $1,427,606,000 after buying an additional 4,015,007 shares in the last quarter. Envestnet Portfolio Solutions Inc. raised its stake in shares of iShares S&P 500 Growth ETF by 60.6% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 6,371,552 shares of the company’s stock worth $589,623,000 after buying an additional 2,404,544 shares during the period. Cetera Investment Advisers lifted its position in shares of iShares S&P 500 Growth ETF by 200.4% during the 1st quarter. Cetera Investment Advisers now owns 2,545,315 shares of the company’s stock valued at $214,926,000 after buying an additional 1,698,066 shares in the last quarter. Finally, Park Avenue Securities LLC grew its stake 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.

iShares S&P 500 Growth ETF Trading Up 2.5 %

iShares S&P 500 Growth ETF stock opened at $99.29 on Thursday. iShares S&P 500 Growth ETF has a 12-month low of $69.48 and a 12-month high of $99.44. The firm has a market capitalization of $52.02 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. The firm has a 50 day moving average of $94.94 and a 200 day moving average of $91.41.

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.