Triad Wealth Partners LLC Increases Position in iShares S&P 500 Growth ETF $IVW

Triad Wealth Partners LLC grew its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 74.1% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 470,220 shares of the company’s stock after buying an additional 200,115 shares during the period. iShares S&P 500 Growth ETF makes up 4.2% of Triad Wealth Partners LLC’s portfolio, making the stock its 3rd largest position. Triad Wealth Partners LLC’s holdings in iShares S&P 500 Growth ETF were worth $53,187,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the company. United Bank increased its holdings in shares of iShares S&P 500 Growth ETF by 4.6% in the second quarter. United Bank now owns 52,096 shares of the company’s stock worth $5,736,000 after acquiring an additional 2,280 shares in the last quarter. Schnieders Capital Management LLC. bought a new position in shares of iShares S&P 500 Growth ETF during the 2nd quarter valued at about $600,000. Russell Investments Group Ltd. grew its position in shares of iShares S&P 500 Growth ETF by 13.4% in the 2nd quarter. Russell Investments Group Ltd. now owns 5,992 shares of the company’s stock valued at $660,000 after purchasing an additional 707 shares during the period. First Trust Advisors LP grew its position in shares of iShares S&P 500 Growth ETF by 15.4% in the 2nd quarter. First Trust Advisors LP now owns 31,834 shares of the company’s stock valued at $3,505,000 after purchasing an additional 4,238 shares during the period. Finally, Flow Traders U.S. LLC bought a new stake in iShares S&P 500 Growth ETF during the 2nd quarter worth approximately $244,000.

iShares S&P 500 Growth ETF Stock Performance

NYSEARCA IVW opened at $137.96 on Friday. The stock has a market cap of $74.77 billion, a price-to-earnings ratio of 33.33 and a beta of 1.17. The business has a 50 day simple moving average of $133.56 and a 200 day simple moving average of $125.28. iShares S&P 500 Growth ETF has a 52-week low of $104.21 and a 52-week high of $141.98.

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. 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.