iShares S&P 500 Growth ETF $IVW Shares Purchased by Johnson Investment Counsel Inc.

Johnson Investment Counsel Inc. raised its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1.8% during the second quarter, HoldingsChannel reports. The firm owned 201,949 shares of the company’s stock after purchasing an additional 3,660 shares during the period. Johnson Investment Counsel Inc.’s holdings in iShares S&P 500 Growth ETF were worth $27,774,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Investors Research Corp grew its holdings in shares of iShares S&P 500 Growth ETF by 1.4% during the second quarter. Investors Research Corp now owns 5,414 shares of the company’s stock worth $745,000 after buying an additional 75 shares in the last quarter. Cooper Financial Group lifted its stake in shares of iShares S&P 500 Growth ETF by 0.7% in the second quarter. Cooper Financial Group now owns 10,864 shares of the company’s stock worth $1,494,000 after buying an additional 80 shares in the last quarter. Cornerstone Wealth Management LLC lifted its stake in shares of iShares S&P 500 Growth ETF by 0.4% in the second quarter. Cornerstone Wealth Management LLC now owns 18,502 shares of the company’s stock worth $2,545,000 after buying an additional 80 shares in the last quarter. Proactive Wealth Strategies LLC boosted its position in iShares S&P 500 Growth ETF by 1.0% during the fourth quarter. Proactive Wealth Strategies LLC now owns 8,817 shares of the company’s stock worth $1,087,000 after acquiring an additional 86 shares during the last quarter. Finally, Ignite Planners LLC boosted its position in iShares S&P 500 Growth ETF by 4.7% during the fourth quarter. Ignite Planners LLC now owns 1,948 shares of the company’s stock worth $241,000 after acquiring an additional 88 shares during the last quarter.

iShares S&P 500 Growth ETF Trading Down 0.4%

Shares of NYSEARCA IVW opened at $141.98 on Friday. iShares S&P 500 Growth ETF has a 12-month low of $108.13 and a 12-month high of $143.26. The stock has a market cap of $77.51 billion, a PE ratio of 33.33 and a beta of 1.17. The company has a 50-day moving average of $136.54 and a 200 day moving average of $128.95.

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.