Envestnet Portfolio Solutions Inc. Has $455.89 Million Position in iShares S&P 500 Growth ETF $IVW

Envestnet Portfolio Solutions Inc. lifted its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 4.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,698,611 shares of the company’s stock after purchasing an additional 147,279 shares during the quarter. iShares S&P 500 Growth ETF accounts for approximately 1.6% of Envestnet Portfolio Solutions Inc.’s investment portfolio, making the stock its 18th biggest holding. Envestnet Portfolio Solutions Inc.’s holdings in iShares S&P 500 Growth ETF were worth $455,891,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in IVW. Decker Retirement Planning Inc. acquired a new position in shares of iShares S&P 500 Growth ETF during the 4th quarter worth about $28,000. Turning Point Benefit Group Inc. acquired a new stake in shares of iShares S&P 500 Growth ETF in the third quarter valued at about $28,000. Darwin Wealth Management LLC bought a new stake in iShares S&P 500 Growth ETF during the second quarter worth about $30,000. Howe & Rusling Inc. raised its stake in shares of iShares S&P 500 Growth ETF by 484.1% during the 3rd quarter. Howe & Rusling Inc. now owns 257 shares of the company’s stock worth $31,000 after purchasing an additional 213 shares in the last quarter. Finally, Entrust Financial LLC acquired a new stake in shares of iShares S&P 500 Growth ETF in the 4th quarter valued at approximately $33,000.

iShares S&P 500 Growth ETF Trading Down 0.7%

NYSEARCA:IVW opened at $135.81 on Tuesday. The stock has a market capitalization of $73.60 billion, a PE ratio of 33.33 and a beta of 1.17. iShares S&P 500 Growth ETF has a 1-year low of $100.76 and a 1-year high of $139.10. The firm has a fifty day simple moving average of $123.27 and a 200 day simple moving average of $122.78.

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.