XY Planning Network Inc. Has $4.82 Million Position in iShares S&P 500 Growth ETF $IVW

XY Planning Network Inc. raised its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 15.4% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 35,035 shares of the company’s stock after acquiring an additional 4,663 shares during the quarter. XY Planning Network Inc.’s holdings in iShares S&P 500 Growth ETF were worth $4,818,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. 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 buying an additional 2,280 shares during the last quarter. Schnieders Capital Management LLC. bought a new stake in shares of iShares S&P 500 Growth ETF in the second quarter worth about $600,000. Russell Investments Group Ltd. raised 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 worth $660,000 after buying an additional 707 shares during the period. First Trust Advisors LP raised its holdings in shares of iShares S&P 500 Growth ETF by 15.4% during the second quarter. First Trust Advisors LP now owns 31,834 shares of the company’s stock worth $3,505,000 after acquiring an additional 4,238 shares during the period. Finally, Flow Traders U.S. LLC acquired a new stake in shares of iShares S&P 500 Growth ETF in the 2nd quarter valued at about $244,000.

iShares S&P 500 Growth ETF Stock Performance

NYSEARCA IVW opened at $139.82 on Wednesday. The stock’s 50 day moving average price is $137.95 and its two-hundred day moving average price is $131.12. The stock has a market capitalization of $76.33 billion, a price-to-earnings ratio of 33.33 and a beta of 1.17. 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.