River Street Advisors LLC Has $956,000 Holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

River Street Advisors LLC grew its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 17.5% in the third quarter, Holdings Channel.com reports. The institutional investor owned 9,981 shares of the company’s stock after buying an additional 1,483 shares during the quarter. River Street Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $956,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in IVW. Envestnet Asset Management Inc. lifted its position in shares of iShares S&P 500 Growth ETF by 47.0% during 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 last quarter. LPL Financial LLC increased its stake in iShares S&P 500 Growth ETF by 35.2% during the second quarter. LPL Financial LLC now owns 15,426,906 shares of the company’s stock valued at $1,427,606,000 after acquiring an additional 4,015,007 shares during the period. Ameriprise Financial Inc. increased its stake in iShares S&P 500 Growth ETF by 6.8% during the second quarter. Ameriprise Financial Inc. now owns 7,363,062 shares of the company’s stock valued at $680,575,000 after acquiring an additional 467,356 shares during the period. Envestnet Portfolio Solutions Inc. increased its stake 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 acquiring an additional 2,404,544 shares during the period. Finally, CWM LLC increased its stake in iShares S&P 500 Growth ETF by 36.0% during the second quarter. CWM LLC now owns 6,010,873 shares of the company’s stock valued at $556,246,000 after acquiring an additional 1,591,661 shares during the period.

iShares S&P 500 Growth ETF Trading Down 2.0 %

IVW traded down $2.01 on Friday, hitting $98.33. 1,682,320 shares of the stock traded hands, compared to its average volume of 2,908,146. iShares S&P 500 Growth ETF has a 52 week low of $71.68 and a 52 week high of $101.55. The firm has a market capitalization of $51.52 billion, a PE ratio of 28.52 and a beta of 1.14. The business has a fifty day moving average price of $96.26 and a two-hundred day moving average price of $92.26.

About iShares S&P 500 Growth ETF

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.