Assetmark Inc. Has $16.45 Million Stock Position in iShares S&P 500 Growth ETF $IVW

Assetmark Inc. raised its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 13.9% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 149,419 shares of the company’s stock after acquiring an additional 18,216 shares during the quarter. Assetmark Inc.’s holdings in iShares S&P 500 Growth ETF were worth $16,451,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Keybank National Association OH grew its position in shares of iShares S&P 500 Growth ETF by 2.1% in the second quarter. Keybank National Association OH now owns 773,788 shares of the company’s stock valued at $85,194,000 after purchasing an additional 15,934 shares during the last quarter. Premier Path Wealth Partners LLC bought a new stake in iShares S&P 500 Growth ETF in the 2nd quarter valued at $215,000. Hantz Financial Services Inc. boosted its stake in iShares S&P 500 Growth ETF by 19.4% in the 2nd quarter. Hantz Financial Services Inc. now owns 800 shares of the company’s stock valued at $88,000 after purchasing an additional 130 shares during the period. Buck Wealth Strategies LLC grew its holdings in iShares S&P 500 Growth ETF by 22.7% in the 2nd quarter. Buck Wealth Strategies LLC now owns 80,794 shares of the company’s stock valued at $8,895,000 after buying an additional 14,966 shares in the last quarter. Finally, Arkadios Wealth Advisors increased its position in iShares S&P 500 Growth ETF by 14.2% during the 2nd quarter. Arkadios Wealth Advisors now owns 305,691 shares of the company’s stock worth $33,657,000 after buying an additional 38,035 shares during the period.

iShares S&P 500 Growth ETF Stock Performance

IVW opened at $124.79 on Friday. The stock has a fifty day moving average of $119.74 and a 200-day moving average of $110.63. The company has a market capitalization of $67.75 billion, a P/E ratio of 33.33 and a beta of 1.11. iShares S&P 500 Growth ETF has a fifty-two week low of $79.31 and a fifty-two week high of $126.61.

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.