iShares S&P 500 Growth ETF (NYSEARCA:IVW) is Broadview Financial Management LLC’s 5th Largest Position

Broadview Financial Management LLC reduced its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 0.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 106,865 shares of the company’s stock after selling 268 shares during the period. iShares S&P 500 Growth ETF comprises 7.2% of Broadview Financial Management LLC’s investment portfolio, making the stock its 5th largest position. Broadview Financial Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $9,889,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. CarsonAllaria Wealth Management Ltd. grew its holdings in shares of iShares S&P 500 Growth ETF by 45.5% in the first quarter. CarsonAllaria Wealth Management Ltd. now owns 400 shares of the company’s stock worth $34,000 after purchasing an additional 125 shares during the last quarter. 1620 Investment Advisors Inc. bought a new stake in shares of iShares S&P 500 Growth ETF in the 2nd quarter worth approximately $34,000. Financial Connections Group Inc. bought a new stake in iShares S&P 500 Growth ETF in the second quarter valued at $35,000. Northwest Financial Advisors purchased a new position in shares of iShares S&P 500 Growth ETF during the fourth quarter valued at about $38,000. Finally, GPS Wealth Strategies Group LLC boosted its position in iShares S&P 500 Growth ETF by 91.3% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 417 shares of the company’s stock valued at $39,000 after acquiring an additional 199 shares in the last quarter.

iShares S&P 500 Growth ETF Trading Up 1.1 %

IVW traded up $0.98 during trading on Friday, reaching $93.26. The stock had a trading volume of 2,539,027 shares, compared to its average volume of 3,147,192. The stock’s 50 day moving average is $92.16 and its two-hundred day moving average is $87.40. The company has a market capitalization of $48.86 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a one year low of $65.53 and a one year high of $97.22.

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.