Silver Lake Advisory LLC Acquires Shares of 3,516 iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Silver Lake Advisory LLC bought a new position in iShares S&P 500 Growth ETF (NYSEARCA:IVWFree Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 3,516 shares of the company’s stock, valued at approximately $325,000.

A number of other institutional investors have also made changes to their positions in IVW. Envestnet Asset Management Inc. increased its stake in iShares S&P 500 Growth ETF by 47.0% during the second quarter. Envestnet Asset Management Inc. now owns 49,022,359 shares of the company’s stock valued at $4,536,529,000 after purchasing an additional 15,673,824 shares during the last quarter. JPMorgan Chase & Co. grew its position in shares of iShares S&P 500 Growth ETF by 1.5% during the 1st quarter. JPMorgan Chase & Co. now owns 46,660,015 shares of the company’s stock valued at $3,939,972,000 after buying an additional 709,113 shares during the last quarter. LPL Financial LLC grew its position in shares of iShares S&P 500 Growth ETF by 35.2% during the 2nd quarter. LPL Financial LLC now owns 15,426,906 shares of the company’s stock valued at $1,427,606,000 after buying an additional 4,015,007 shares during the last quarter. Ameriprise Financial Inc. lifted its holdings in iShares S&P 500 Growth ETF by 6.8% in the second quarter. Ameriprise Financial Inc. now owns 7,363,062 shares of the company’s stock worth $680,575,000 after acquiring an additional 467,356 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. boosted its stake in iShares S&P 500 Growth ETF by 60.6% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 6,371,552 shares of the company’s stock valued at $589,623,000 after acquiring an additional 2,404,544 shares during the period.

iShares S&P 500 Growth ETF Trading Down 0.6 %

NYSEARCA:IVW opened at $95.26 on Monday. The stock has a 50 day moving average of $91.56 and a 200-day moving average of $88.91. The firm has a market capitalization of $49.91 billion, a PE ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a 52 week low of $65.53 and a 52 week high of $97.22.

iShares S&P 500 Growth ETF Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for iShares S&P 500 Growth ETF (NYSEARCA:IVW)

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