Tyche Wealth Partners LLC Makes New $203,000 Investment in iShares S&P 500 Growth ETF $IVW

Tyche Wealth Partners LLC purchased a new position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 1,847 shares of the company’s stock, valued at approximately $203,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Envestnet Asset Management Inc. boosted its holdings in iShares S&P 500 Growth ETF by 5.1% in the 1st quarter. Envestnet Asset Management Inc. now owns 48,079,544 shares of the company’s stock worth $4,463,224,000 after acquiring an additional 2,350,072 shares during the period. LPL Financial LLC boosted its holdings in iShares S&P 500 Growth ETF by 5.5% in the 1st quarter. LPL Financial LLC now owns 18,929,345 shares of the company’s stock worth $1,757,211,000 after acquiring an additional 988,955 shares during the period. Goldman Sachs Group Inc. raised its position in shares of iShares S&P 500 Growth ETF by 4.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 6,639,595 shares of the company’s stock valued at $616,354,000 after purchasing an additional 279,859 shares in the last quarter. Commonwealth Equity Services LLC raised its position in shares of iShares S&P 500 Growth ETF by 4.3% in the 1st quarter. Commonwealth Equity Services LLC now owns 3,533,251 shares of the company’s stock valued at $327,992,000 after purchasing an additional 147,169 shares in the last quarter. Finally, Cetera Investment Advisers raised its position in shares of iShares S&P 500 Growth ETF by 7.9% in the 1st quarter. Cetera Investment Advisers now owns 3,465,787 shares of the company’s stock valued at $321,729,000 after purchasing an additional 253,383 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Down 0.5%

Shares of IVW opened at $120.98 on Wednesday. The business’s 50 day moving average is $116.98 and its two-hundred day moving average is $106.74. iShares S&P 500 Growth ETF has a 52-week low of $79.31 and a 52-week high of $121.95. The firm has a market cap of $65.98 billion, a price-to-earnings ratio of 33.33 and a beta of 1.05.

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.