Sound Income Strategies LLC Raises Holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Sound Income Strategies LLC lifted its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 2.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 26,920 shares of the company’s stock after purchasing an additional 569 shares during the quarter. Sound Income Strategies LLC’s holdings in iShares S&P 500 Growth ETF were worth $2,578,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of IVW. Annex Advisory Services LLC increased its position in iShares S&P 500 Growth ETF by 2.7% during the second quarter. Annex Advisory Services LLC now owns 4,165 shares of the company’s stock valued at $385,000 after acquiring an additional 110 shares during the last quarter. Massmutual Trust Co. FSB ADV grew its stake in shares of iShares S&P 500 Growth ETF by 10.0% during the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 1,320 shares of the company’s stock valued at $122,000 after purchasing an additional 120 shares during the period. Texas Capital Bancshares Inc TX increased its position in shares of iShares S&P 500 Growth ETF by 4.1% during the 1st quarter. Texas Capital Bancshares Inc TX now owns 3,102 shares of the company’s stock valued at $262,000 after purchasing an additional 122 shares during the last quarter. Processus Wealth & Capital Management LLC lifted its stake in shares of iShares S&P 500 Growth ETF by 1.0% in the 2nd quarter. Processus Wealth & Capital Management LLC now owns 12,423 shares of the company’s stock worth $1,150,000 after purchasing an additional 122 shares during the period. Finally, Diversified LLC boosted its holdings in shares of iShares S&P 500 Growth ETF by 4.3% in the second quarter. Diversified LLC now owns 3,013 shares of the company’s stock worth $279,000 after buying an additional 123 shares during the last quarter.

iShares S&P 500 Growth ETF Trading Up 0.2 %

IVW stock traded up $0.21 during midday trading on Friday, reaching $96.90. 1,154,496 shares of the company’s stock traded hands, compared to its average volume of 3,010,164. iShares S&P 500 Growth ETF has a 52-week low of $65.53 and a 52-week high of $97.22. The stock has a market cap of $50.77 billion, a P/E ratio of 28.52 and a beta of 1.14. The stock’s 50-day moving average is $92.62 and its 200 day moving average is $89.67.

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.