Sequoia Financial Advisors LLC Purchases 4,587 Shares of iShares S&P 500 Growth ETF $IVW

Sequoia Financial Advisors LLC boosted its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 254,899 shares of the company’s stock after purchasing an additional 4,587 shares during the period. Sequoia Financial Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $28,064,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in the company. Envestnet Asset Management Inc. raised its stake in shares of iShares S&P 500 Growth ETF by 5.1% during the first quarter. Envestnet Asset Management Inc. now owns 48,079,544 shares of the company’s stock valued at $4,463,224,000 after acquiring an additional 2,350,072 shares in the last quarter. Sofi Wealth LLC raised its stake in shares of iShares S&P 500 Growth ETF by 4,023.6% during the first quarter. Sofi Wealth LLC now owns 1,857,008 shares of the company’s stock valued at $172,386,000 after acquiring an additional 1,811,974 shares in the last quarter. Liberty Wealth Management LLC raised its stake in shares of iShares S&P 500 Growth ETF by 489.6% during the first quarter. Liberty Wealth Management LLC now owns 1,363,876 shares of the company’s stock valued at $126,609,000 after acquiring an additional 1,132,541 shares in the last quarter. LPL Financial LLC raised its stake in shares of iShares S&P 500 Growth ETF by 5.5% during the first quarter. LPL Financial LLC now owns 18,929,345 shares of the company’s stock valued at $1,757,211,000 after acquiring an additional 988,955 shares in the last quarter. Finally, Pinkerton Retirement Specialists LLC raised its stake in shares of iShares S&P 500 Growth ETF by 192.5% during the first quarter. Pinkerton Retirement Specialists LLC now owns 1,135,349 shares of the company’s stock valued at $105,394,000 after acquiring an additional 747,194 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Performance

iShares S&P 500 Growth ETF stock opened at $118.29 on Monday. The company has a 50 day moving average price of $117.43 and a 200-day moving average price of $107.32. iShares S&P 500 Growth ETF has a fifty-two week low of $79.31 and a fifty-two week high of $122.66. The company has a market capitalization of $64.41 billion, a PE ratio of 33.33 and a beta of 1.05.

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.