Simplicity Wealth LLC Has $12.53 Million Stake in iShares S&P 500 Growth ETF $IVW

Simplicity Wealth LLC increased its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 75.2% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 113,773 shares of the company’s stock after buying an additional 48,827 shares during the period. Simplicity Wealth LLC’s holdings in iShares S&P 500 Growth ETF were worth $12,526,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Elite Financial Inc. acquired a new stake in shares of iShares S&P 500 Growth ETF in the 1st quarter valued at $26,000. Flaharty Asset Management LLC bought a new position in iShares S&P 500 Growth ETF during the first quarter valued at about $26,000. Mechanics Financial Corp acquired a new stake in shares of iShares S&P 500 Growth ETF in the first quarter worth about $27,000. Mowery & Schoenfeld Wealth Management LLC bought a new stake in shares of iShares S&P 500 Growth ETF during the 1st quarter worth about $33,000. Finally, Cloud Capital Management LLC acquired a new position in shares of iShares S&P 500 Growth ETF during the 1st quarter valued at about $36,000.

iShares S&P 500 Growth ETF Stock Performance

Shares of IVW stock opened at $121.06 on Friday. The stock’s 50 day simple moving average is $116.68 and its 200 day simple moving average is $106.37. iShares S&P 500 Growth ETF has a twelve month low of $79.31 and a twelve month high of $121.92. The company has a market capitalization of $66.00 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.