J. Safra Sarasin Holding AG Takes $1.04 Million Position in iShares S&P 500 Growth ETF $IVW

J. Safra Sarasin Holding AG purchased a new position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) during the second quarter, HoldingsChannel reports. The fund purchased 9,500 shares of the company’s stock, valued at approximately $1,040,000.

A number of other large investors also recently added to or reduced their stakes in the business. Envestnet Asset Management Inc. lifted its holdings in iShares S&P 500 Growth ETF by 5.1% in the 1st quarter. Envestnet Asset Management Inc. now owns 48,079,544 shares of the company’s stock worth $4,463,224,000 after purchasing an additional 2,350,072 shares in the last quarter. LPL Financial LLC lifted its holdings in iShares S&P 500 Growth ETF by 5.5% in the 1st 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. lifted 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 purchasing an additional 279,859 shares in the last quarter. Park Avenue Securities LLC lifted its holdings in iShares S&P 500 Growth ETF by 3.3% in the 1st quarter. Park Avenue Securities LLC now owns 3,942,984 shares of the company’s stock worth $366,027,000 after purchasing an additional 125,442 shares in the last quarter. Finally, Commonwealth Equity Services LLC lifted its holdings in iShares S&P 500 Growth ETF by 4.3% in the 1st quarter. Commonwealth Equity Services LLC now owns 3,533,251 shares of the company’s stock worth $327,992,000 after purchasing an additional 147,169 shares in the last quarter.

iShares S&P 500 Growth ETF Trading Down 0.3%

NYSEARCA IVW opened at $121.06 on Friday. The stock’s 50 day moving average is $116.68 and its 200 day moving average is $106.37. iShares S&P 500 Growth ETF has a 12 month low of $79.31 and a 12 month high of $121.92. The stock has a market cap of $66.00 billion, a PE ratio of 33.33 and a beta of 1.05.

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.