Truist Financial Corp Purchases 22,452 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Truist Financial Corp grew its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1.9% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,198,254 shares of the company’s stock after purchasing an additional 22,452 shares during the quarter. Truist Financial Corp owned about 0.23% of iShares S&P 500 Growth ETF worth $110,886,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. CarsonAllaria Wealth Management Ltd. boosted its stake in iShares S&P 500 Growth ETF by 45.5% in the 1st quarter. CarsonAllaria Wealth Management Ltd. now owns 400 shares of the company’s stock worth $34,000 after purchasing an additional 125 shares in the last quarter. 1620 Investment Advisors Inc. purchased a new stake in iShares S&P 500 Growth ETF during the 2nd quarter valued at about $34,000. Financial Connections Group Inc. acquired a new position in shares of iShares S&P 500 Growth ETF in the second quarter valued at about $35,000. GPS Wealth Strategies Group LLC raised its stake in shares of iShares S&P 500 Growth ETF by 91.3% in the second quarter. GPS Wealth Strategies Group LLC now owns 417 shares of the company’s stock worth $39,000 after purchasing an additional 199 shares during the last quarter. Finally, Avondale Wealth Management lifted its holdings in shares of iShares S&P 500 Growth ETF by 56.1% during the second quarter. Avondale Wealth Management now owns 434 shares of the company’s stock worth $40,000 after purchasing an additional 156 shares during the period.

iShares S&P 500 Growth ETF Stock Down 1.4 %

Shares of NYSEARCA IVW opened at $94.41 on Wednesday. iShares S&P 500 Growth ETF has a 52 week low of $65.53 and a 52 week high of $97.22. The business’s 50 day moving average price is $91.62 and its 200 day moving average price is $89.08. The firm has a market cap of $49.46 billion, a P/E ratio of 28.52 and a beta of 1.14.

About iShares S&P 500 Growth ETF

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.