iShares S&P 500 Growth ETF $IVW Stock Position Raised by Towerpoint Wealth LLC

Towerpoint Wealth LLC boosted its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 29.0% during the second quarter, HoldingsChannel.com reports. The fund owned 16,698 shares of the company’s stock after acquiring an additional 3,756 shares during the period. iShares S&P 500 Growth ETF accounts for about 0.8% of Towerpoint Wealth LLC’s portfolio, making the stock its 27th biggest position. Towerpoint Wealth LLC’s holdings in iShares S&P 500 Growth ETF were worth $1,838,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in IVW. Cape ANN Savings Bank boosted its position in shares of iShares S&P 500 Growth ETF by 4.2% during the first quarter. Cape ANN Savings Bank now owns 2,476 shares of the company’s stock worth $230,000 after buying an additional 100 shares during the period. Silverlake Wealth Management LLC raised its stake in iShares S&P 500 Growth ETF by 4.5% during the 1st quarter. Silverlake Wealth Management LLC now owns 2,730 shares of the company’s stock valued at $253,000 after acquiring an additional 117 shares in the last quarter. Quest 10 Wealth Builders Inc. boosted its position in iShares S&P 500 Growth ETF by 6.3% during the 1st quarter. Quest 10 Wealth Builders Inc. now owns 2,105 shares of the company’s stock worth $195,000 after acquiring an additional 125 shares during the period. Embree Financial Group grew its stake in shares of iShares S&P 500 Growth ETF by 3.1% in the first quarter. Embree Financial Group now owns 4,153 shares of the company’s stock worth $385,000 after purchasing an additional 126 shares in the last quarter. Finally, Marino Stram & Associates LLC increased its holdings in shares of iShares S&P 500 Growth ETF by 0.8% during the first quarter. Marino Stram & Associates LLC now owns 16,564 shares of the company’s stock valued at $1,538,000 after purchasing an additional 133 shares during the period.

iShares S&P 500 Growth ETF Stock Down 0.3%

Shares of NYSEARCA IVW opened at $119.74 on Wednesday. The stock has a market cap of $65.61 billion, a P/E ratio of 33.33 and a beta of 1.05. The firm’s 50-day simple moving average is $114.49 and its 200 day simple moving average is $104.10. iShares S&P 500 Growth ETF has a fifty-two week low of $79.31 and a fifty-two week high of $120.19.

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.