Royal Fund Management LLC Has $17.96 Million Stock Holdings in iShares S&P 500 Growth ETF $IVW

Royal Fund Management LLC lifted its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1,230.2% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 163,099 shares of the company’s stock after acquiring an additional 150,838 shares during the period. iShares S&P 500 Growth ETF accounts for about 1.8% of Royal Fund Management LLC’s portfolio, making the stock its 7th largest position. Royal Fund Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $17,959,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Sax Wealth Advisors LLC increased its position in shares of iShares S&P 500 Growth ETF by 142.3% during the second quarter. Sax Wealth Advisors LLC now owns 18,003 shares of the company’s stock valued at $1,982,000 after acquiring an additional 10,572 shares during the last quarter. Atlantic Union Bankshares Corp grew its stake in iShares S&P 500 Growth ETF by 114.0% in the 2nd quarter. Atlantic Union Bankshares Corp now owns 12,691 shares of the company’s stock valued at $1,397,000 after purchasing an additional 6,761 shares during the period. Embree Financial Group increased its position in shares of iShares S&P 500 Growth ETF by 101.2% during the 2nd quarter. Embree Financial Group now owns 8,357 shares of the company’s stock valued at $920,000 after purchasing an additional 4,204 shares during the last quarter. Advyzon Investment Management LLC increased its position in shares of iShares S&P 500 Growth ETF by 59.4% during the 2nd quarter. Advyzon Investment Management LLC now owns 4,694 shares of the company’s stock valued at $517,000 after purchasing an additional 1,750 shares during the last quarter. Finally, Sharp Financial Services LLC raised its stake in shares of iShares S&P 500 Growth ETF by 11.6% during the 2nd quarter. Sharp Financial Services LLC now owns 228,223 shares of the company’s stock worth $25,127,000 after purchasing an additional 23,728 shares during the period.

iShares S&P 500 Growth ETF Stock Performance

Shares of NYSEARCA:IVW opened at $124.11 on Friday. The company has a market capitalization of $67.37 billion, a P/E ratio of 33.33 and a beta of 1.11. The company’s 50-day moving average is $121.89 and its 200 day moving average is $115.14. iShares S&P 500 Growth ETF has a fifty-two week low of $79.31 and a fifty-two week high of $126.61.

iShares S&P 500 Growth ETF 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.