Greenleaf Trust Purchases 3,647 Shares of iShares S&P 500 Growth ETF $IVW

Greenleaf Trust raised its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1.2% in the second quarter, Holdings Channel reports. The fund owned 311,771 shares of the company’s stock after acquiring an additional 3,647 shares during the period. iShares S&P 500 Growth ETF accounts for about 0.4% of Greenleaf Trust’s portfolio, making the stock its 23rd biggest position. Greenleaf Trust’s holdings in iShares S&P 500 Growth ETF were worth $42,878,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of IVW. Strive Financial Group LLC bought a new position in shares of iShares S&P 500 Growth ETF during the 4th quarter valued at about $26,000. Financial Network Wealth Advisors LLC increased its stake in iShares S&P 500 Growth ETF by 174.4% during the 4th quarter. Financial Network Wealth Advisors LLC now owns 225 shares of the company’s stock worth $28,000 after purchasing an additional 143 shares in the last quarter. Turning Point Benefit Group Inc. bought 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 iShares S&P 500 Growth ETF during the 2nd quarter worth approximately $30,000. Finally, Entrust Financial LLC acquired a new stake in iShares S&P 500 Growth ETF during the 4th quarter worth approximately $33,000.

iShares S&P 500 Growth ETF Stock Performance

Shares of IVW opened at $142.54 on Friday. The firm has a market cap of $77.82 billion, a P/E ratio of 33.33 and a beta of 1.17. iShares S&P 500 Growth ETF has a twelve month low of $108.13 and a twelve month high of $143.26. The firm’s 50 day moving average price is $136.39 and its two-hundred day moving average price is $128.86.

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. 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.