iShares S&P 500 Growth ETF $IVW Stock Position Raised by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. boosted its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 0.4% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 45,556,746 shares of the company’s stock after acquiring an additional 179,866 shares during the quarter. iShares S&P 500 Growth ETF accounts for approximately 1.6% of Envestnet Asset Management Inc.’s investment portfolio, making the stock its 5th biggest position. Envestnet Asset Management Inc. owned 8.39% of iShares S&P 500 Growth ETF worth $5,499,610,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in IVW. Davis Capital Management purchased a new stake in iShares S&P 500 Growth ETF during the 3rd quarter worth approximately $28,000. Darwin Wealth Management LLC acquired a new stake in shares of iShares S&P 500 Growth ETF in the second quarter valued at $30,000. Financial Consulate Inc. acquired a new stake in iShares S&P 500 Growth ETF in the 3rd quarter valued at about $41,000. Morgan Dempsey Capital Management LLC purchased a new position in shares of iShares S&P 500 Growth ETF in the 2nd quarter valued at about $44,000. Finally, Curio Wealth LLC grew its position in shares of iShares S&P 500 Growth ETF by 51,800.0% during the second quarter. Curio Wealth LLC now owns 519 shares of the company’s stock worth $57,000 after buying an additional 518 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Down 1.6%

Shares of NYSEARCA:IVW opened at $122.27 on Wednesday. iShares S&P 500 Growth ETF has a fifty-two week low of $79.31 and a fifty-two week high of $126.61. The firm’s 50 day moving average price is $123.68 and its 200 day moving average price is $120.35. The stock has a market cap of $65.54 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. 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.