Financial Perspectives Inc Raises Stock Position in iShares S&P 500 Growth ETF $IVW

Financial Perspectives Inc increased its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 2.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 94,664 shares of the company’s stock after acquiring an additional 2,008 shares during the quarter. iShares S&P 500 Growth ETF makes up about 3.2% of Financial Perspectives Inc’s portfolio, making the stock its 7th largest position. Financial Perspectives Inc’s holdings in iShares S&P 500 Growth ETF were worth $10,422,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Drive Wealth Management LLC bought a new position in iShares S&P 500 Growth ETF during the second quarter worth $510,000. Schnieders Capital Management LLC bought a new position in iShares S&P 500 Growth ETF during the second quarter worth $600,000. Crewe Advisors LLC boosted its stake in iShares S&P 500 Growth ETF by 58.7% during the second quarter. Crewe Advisors LLC now owns 5,414 shares of the company’s stock worth $596,000 after acquiring an additional 2,003 shares in the last quarter. Northeast Investment Management bought a new position in iShares S&P 500 Growth ETF during the second quarter worth $221,000. Finally, Calamos Wealth Management LLC boosted its stake in iShares S&P 500 Growth ETF by 0.7% during the second quarter. Calamos Wealth Management LLC now owns 1,082,937 shares of the company’s stock worth $119,231,000 after acquiring an additional 7,239 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Up 0.5%

Shares of NYSEARCA IVW opened at $120.40 on Monday. The firm has a market cap of $65.48 billion, a PE ratio of 33.33 and a beta of 1.05. iShares S&P 500 Growth ETF has a 12-month low of $79.31 and a 12-month high of $122.66. The company’s fifty day simple moving average is $118.05 and its 200 day simple moving average is $108.30.

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.