Financial Life Advisors Has $46.44 Million Holdings in iShares S&P 500 Growth ETF $IVW

Financial Life Advisors reduced its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 6.5% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 337,681 shares of the company’s stock after selling 23,328 shares during the quarter. iShares S&P 500 Growth ETF accounts for about 13.2% of Financial Life Advisors’ holdings, making the stock its largest holding. Financial Life Advisors owned approximately 0.06% of iShares S&P 500 Growth ETF worth $46,441,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of IVW. United Bank raised its stake in shares of iShares S&P 500 Growth ETF by 4.6% during the second quarter. United Bank now owns 52,096 shares of the company’s stock worth $5,736,000 after acquiring an additional 2,280 shares in the last quarter. Schnieders Capital Management LLC. bought a new stake in shares of iShares S&P 500 Growth ETF in the 2nd quarter worth approximately $600,000. Russell Investments Group Ltd. boosted its stake in shares of iShares S&P 500 Growth ETF by 13.4% in the 2nd quarter. Russell Investments Group Ltd. now owns 5,992 shares of the company’s stock valued at $660,000 after purchasing an additional 707 shares in the last quarter. First Trust Advisors LP boosted its stake in shares of iShares S&P 500 Growth ETF by 15.4% in the 2nd quarter. First Trust Advisors LP now owns 31,834 shares of the company’s stock valued at $3,505,000 after purchasing an additional 4,238 shares in the last quarter. Finally, Flow Traders U.S. LLC bought a new position in shares of iShares S&P 500 Growth ETF during the 2nd quarter valued at $244,000.

iShares S&P 500 Growth ETF Stock Down 0.3%

Shares of NYSEARCA:IVW opened at $139.60 on Tuesday. The stock has a market cap of $76.21 billion, a PE ratio of 33.33 and a beta of 1.17. The company’s fifty day moving average is $137.30 and its 200 day moving average is $130.28. iShares S&P 500 Growth ETF has a 52 week low of $108.13 and a 52 week high of $143.26.

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.