iShares S&P 500 Growth ETF $IVW is Quadrant Private Wealth Management LLC’s 10th Largest Position

Quadrant Private Wealth Management LLC lifted its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 8.7% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 94,451 shares of the company’s stock after buying an additional 7,552 shares during the quarter. iShares S&P 500 Growth ETF comprises 1.9% of Quadrant Private Wealth Management LLC’s portfolio, making the stock its 10th biggest holding. Quadrant Private Wealth Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $11,642,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. United Bank increased its holdings in iShares S&P 500 Growth ETF by 4.6% in the 2nd quarter. United Bank now owns 52,096 shares of the company’s stock worth $5,736,000 after acquiring an additional 2,280 shares in the last quarter. Schnieders Capital Management LLC. purchased a new position in iShares S&P 500 Growth ETF during the second quarter valued at approximately $600,000. Russell Investments Group Ltd. boosted its position in shares of iShares S&P 500 Growth ETF by 13.4% in the second quarter. Russell Investments Group Ltd. now owns 5,992 shares of the company’s stock worth $660,000 after purchasing an additional 707 shares during the period. First Trust Advisors LP increased its stake in shares of iShares S&P 500 Growth ETF by 15.4% in the second quarter. First Trust Advisors LP now owns 31,834 shares of the company’s stock worth $3,505,000 after purchasing an additional 4,238 shares in the last quarter. Finally, Flow Traders U.S. LLC bought a new stake in shares of iShares S&P 500 Growth ETF during the 2nd quarter valued at $244,000.

iShares S&P 500 Growth ETF Stock Performance

IVW opened at $126.58 on Friday. The stock has a market cap of $68.17 billion, a price-to-earnings ratio of 33.33 and a beta of 1.15. The firm’s fifty day moving average is $118.51 and its 200 day moving average is $121.24. iShares S&P 500 Growth ETF has a fifty-two week low of $84.89 and a fifty-two week high of $126.88.

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. 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.