Valpey Financial Services LLC Buys Shares of 6,579 iShares S&P 500 Growth ETF $IVW

Valpey Financial Services LLC bought a new stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) during the 2nd quarter, Holdings Channel reports. The fund bought 6,579 shares of the company’s stock, valued at approximately $724,000.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Envestnet Asset Management Inc. lifted its stake in iShares S&P 500 Growth ETF by 5.1% in the first quarter. Envestnet Asset Management Inc. now owns 48,079,544 shares of the company’s stock valued at $4,463,224,000 after buying an additional 2,350,072 shares during the period. LPL Financial LLC lifted its stake in iShares S&P 500 Growth ETF by 5.5% in the first quarter. LPL Financial LLC now owns 18,929,345 shares of the company’s stock valued at $1,757,211,000 after buying an additional 988,955 shares during the period. Goldman Sachs Group Inc. lifted its stake in iShares S&P 500 Growth ETF by 4.4% in the first quarter. Goldman Sachs Group Inc. now owns 6,639,595 shares of the company’s stock valued at $616,354,000 after buying an additional 279,859 shares during the period. Park Avenue Securities LLC lifted its stake in iShares S&P 500 Growth ETF by 3.3% in the first quarter. Park Avenue Securities LLC now owns 3,942,984 shares of the company’s stock valued at $366,027,000 after buying an additional 125,442 shares during the period. Finally, Commonwealth Equity Services LLC lifted its stake in iShares S&P 500 Growth ETF by 4.3% in the first quarter. Commonwealth Equity Services LLC now owns 3,533,251 shares of the company’s stock valued at $327,992,000 after buying an additional 147,169 shares during the period.

iShares S&P 500 Growth ETF Price Performance

Shares of iShares S&P 500 Growth ETF stock opened at $121.06 on Monday. iShares S&P 500 Growth ETF has a 1 year low of $79.31 and a 1 year high of $121.92. The business has a 50-day moving average of $116.68 and a two-hundred day moving average of $106.45. The company has a market capitalization of $66.00 billion, a P/E ratio of 33.33 and a beta of 1.05.

iShares S&P 500 Growth ETF Company 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.