Davis R M Inc. Buys 1,855 Shares of iShares S&P 500 Growth ETF $IVW

Davis R M Inc. increased its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 33.7% in the 2nd quarter, HoldingsChannel reports. The fund owned 7,363 shares of the company’s stock after buying an additional 1,855 shares during the quarter. Davis R M Inc.’s holdings in iShares S&P 500 Growth ETF were worth $811,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also added to or reduced their stakes in IVW. LPL Financial LLC increased its stake in shares of iShares S&P 500 Growth ETF by 5.5% in the first quarter. LPL Financial LLC now owns 18,929,345 shares of the company’s stock worth $1,757,211,000 after purchasing an additional 988,955 shares in the last quarter. Goldman Sachs Group Inc. boosted its holdings in iShares S&P 500 Growth ETF by 4.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 6,639,595 shares of the company’s stock worth $616,354,000 after buying an additional 279,859 shares during the period. Commonwealth Equity Services LLC increased its stake in iShares S&P 500 Growth ETF by 1.9% in the 2nd quarter. Commonwealth Equity Services LLC now owns 3,599,847 shares of the company’s stock worth $396,343,000 after buying an additional 66,596 shares in the last quarter. Cetera Investment Advisers raised its holdings in iShares S&P 500 Growth ETF by 7.9% during the first quarter. Cetera Investment Advisers now owns 3,465,787 shares of the company’s stock valued at $321,729,000 after acquiring an additional 253,383 shares during the period. Finally, NewEdge Advisors LLC lifted its position in shares of iShares S&P 500 Growth ETF by 8.0% in the first quarter. NewEdge Advisors LLC now owns 2,006,853 shares of the company’s stock valued at $186,296,000 after acquiring an additional 149,006 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Up 2.3%

NYSEARCA IVW opened at $124.32 on Tuesday. iShares S&P 500 Growth ETF has a twelve month low of $79.31 and a twelve month high of $126.61. The business has a 50-day moving average price of $120.70 and a 200-day moving average price of $112.37. The firm has a market cap of $67.49 billion, a price-to-earnings ratio of 33.33 and a beta of 1.11.

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.