Orgel Wealth Management LLC Purchases New Stake in iShares S&P 500 Growth ETF $IVW

Orgel Wealth Management LLC purchased a new position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 14,710 shares of the company’s stock, valued at approximately $2,023,000.

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

iShares S&P 500 Growth ETF Trading Down 0.3%

Shares of iShares S&P 500 Growth ETF stock opened at $139.60 on Tuesday. iShares S&P 500 Growth ETF has a 12-month low of $108.13 and a 12-month high of $143.26. The company has a market cap of $76.21 billion, a price-to-earnings ratio of 33.33 and a beta of 1.17. The company’s 50-day moving average price is $137.30 and its 200-day moving average price is $130.28.

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.