Tenet Wealth Partners LLC Invests $859,000 in iShares S&P 500 Growth ETF $IVW

Tenet Wealth Partners LLC purchased a new position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) during the second quarter, Holdings Channel reports. The fund purchased 6,492 shares of the company’s stock, valued at approximately $859,000.

Other institutional investors also recently added to or reduced their stakes in the company. Investors Research Corp raised its position in iShares S&P 500 Growth ETF by 1.4% in the second quarter. Investors Research Corp now owns 5,414 shares of the company’s stock worth $745,000 after acquiring an additional 75 shares during the period. Cooper Financial Group boosted its stake in iShares S&P 500 Growth ETF by 0.7% in the second quarter. Cooper Financial Group now owns 10,864 shares of the company’s stock valued at $1,494,000 after acquiring an additional 80 shares during the last quarter. Cornerstone Wealth Management LLC grew its position in shares of iShares S&P 500 Growth ETF by 0.4% during the 2nd quarter. Cornerstone Wealth Management LLC now owns 18,502 shares of the company’s stock valued at $2,545,000 after acquiring an additional 80 shares during the period. Proactive Wealth Strategies LLC grew its position in shares of iShares S&P 500 Growth ETF by 1.0% during the 4th quarter. Proactive Wealth Strategies LLC now owns 8,817 shares of the company’s stock valued at $1,087,000 after acquiring an additional 86 shares during the period. Finally, Ignite Planners LLC increased its stake in shares of iShares S&P 500 Growth ETF by 4.7% during the 4th quarter. Ignite Planners LLC now owns 1,948 shares of the company’s stock worth $241,000 after purchasing an additional 88 shares during the last quarter.

iShares S&P 500 Growth ETF Trading Down 0.1%

NYSEARCA:IVW opened at $140.55 on Friday. The stock has a market capitalization of $76.73 billion, a PE ratio of 33.33 and a beta of 1.17. The firm’s 50 day moving average is $137.80 and its 200 day moving average is $130.75. iShares S&P 500 Growth ETF has a 12 month low of $108.13 and a 12 month high of $143.26.

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. The Growth Index is a subset of the S&P 500 and consists of those stocks in the S&P 500 exhibiting the strongest growth characteristics.