Greenleaf Trust Has $42.88 Million Stock Position in iShares S&P 500 Growth ETF $IVW

Greenleaf Trust boosted its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1.2% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 311,771 shares of the company’s stock after purchasing an additional 3,647 shares during the quarter. iShares S&P 500 Growth ETF comprises 0.4% of Greenleaf Trust’s holdings, making the stock its 27th largest holding. Greenleaf Trust’s holdings in iShares S&P 500 Growth ETF were worth $42,878,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in IVW. Decker Wealth Management LLC acquired a new position in iShares S&P 500 Growth ETF during the 1st quarter worth approximately $2,991,000. Chatterton & Associates Inc. grew its stake in iShares S&P 500 Growth ETF by 33.5% in the first quarter. Chatterton & Associates Inc. now owns 44,180 shares of the company’s stock valued at $5,306,000 after acquiring an additional 11,089 shares during the period. Arcadia Wealth Management LLC grew its stake in iShares S&P 500 Growth ETF by 68.2% in the second quarter. Arcadia Wealth Management LLC now owns 19,508 shares of the company’s stock valued at $2,683,000 after acquiring an additional 7,908 shares during the period. Pinkerton Wealth LLC increased its holdings in shares of iShares S&P 500 Growth ETF by 4.3% during the fourth quarter. Pinkerton Wealth LLC now owns 215,108 shares of the company’s stock valued at $26,514,000 after acquiring an additional 8,870 shares in the last quarter. Finally, MML Investors Services LLC increased its holdings in shares of iShares S&P 500 Growth ETF by 10.9% during the fourth quarter. MML Investors Services LLC now owns 3,645,204 shares of the company’s stock valued at $449,308,000 after acquiring an additional 358,496 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Down 0.6%

Shares of NYSEARCA:IVW opened at $140.02 on Friday. iShares S&P 500 Growth ETF has a twelve month low of $108.13 and a twelve month high of $143.26. The stock’s 50 day moving average is $137.24 and its 200-day moving average is $130.10. The firm has a market capitalization of $76.44 billion, a price-to-earnings ratio of 33.33 and a beta of 1.17.

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. 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.