Cahill Financial Advisors Inc. Has $32.26 Million Stake in iShares S&P 500 Growth ETF $IVW

Cahill Financial Advisors Inc. cut its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1.9% during the 2nd quarter, HoldingsChannel reports. The firm owned 234,566 shares of the company’s stock after selling 4,542 shares during the quarter. iShares S&P 500 Growth ETF comprises about 3.1% of Cahill Financial Advisors Inc.’s portfolio, making the stock its 8th largest holding. Cahill Financial Advisors Inc.’s holdings in iShares S&P 500 Growth ETF were worth $32,260,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in IVW. MCF Advisors LLC grew its holdings in shares of iShares S&P 500 Growth ETF by 4.7% in the 2nd quarter. MCF Advisors LLC now owns 9,391 shares of the company’s stock valued at $1,292,000 after buying an additional 423 shares during the period. Gemmer Asset Management LLC increased its position in shares of iShares S&P 500 Growth ETF by 5.7% in the 2nd quarter. Gemmer Asset Management LLC now owns 14,635 shares of the company’s stock valued at $2,013,000 after buying an additional 788 shares in the last quarter. SMI Advisory Services LLC acquired a new stake in iShares S&P 500 Growth ETF during the 2nd quarter worth $234,000. Capital Analysts LLC raised its stake in iShares S&P 500 Growth ETF by 1.0% during the 2nd quarter. Capital Analysts LLC now owns 297,608 shares of the company’s stock worth $40,930,000 after buying an additional 3,082 shares during the period. Finally, Capital Advantage Inc. lifted its holdings in iShares S&P 500 Growth ETF by 8.0% during the second quarter. Capital Advantage Inc. now owns 32,210 shares of the company’s stock worth $4,430,000 after acquiring an additional 2,377 shares in the last quarter.

iShares S&P 500 Growth ETF Trading Down 0.4%

IVW stock opened at $139.33 on Thursday. iShares S&P 500 Growth ETF has a 1-year low of $108.13 and a 1-year high of $143.26. The firm has a market cap of $76.07 billion, a PE ratio of 33.33 and a beta of 1.17. The business’s 50-day moving average price is $138.00 and its two-hundred day moving average price is $131.26.

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.