Sound Income Strategies LLC Buys 1,512 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Sound Income Strategies LLC lifted its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 5.0% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 31,811 shares of the company’s stock after purchasing an additional 1,512 shares during the quarter. Sound Income Strategies LLC’s holdings in iShares S&P 500 Growth ETF were worth $2,953,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. Raymond James Financial Inc. acquired a new position in iShares S&P 500 Growth ETF during the fourth quarter worth $456,880,000. Wealthfront Advisers LLC acquired a new position in shares of iShares S&P 500 Growth ETF in the fourth quarter valued at $350,009,000. FIL Ltd acquired a new position in shares of iShares S&P 500 Growth ETF in the fourth quarter valued at $309,434,000. LPL Financial LLC increased its holdings in shares of iShares S&P 500 Growth ETF by 14.4% in the fourth quarter. LPL Financial LLC now owns 17,940,390 shares of the company’s stock valued at $1,821,488,000 after purchasing an additional 2,257,493 shares during the last quarter. Finally, Lido Advisors LLC grew its stake in shares of iShares S&P 500 Growth ETF by 49.7% in the fourth quarter. Lido Advisors LLC now owns 3,127,477 shares of the company’s stock valued at $317,533,000 after acquiring an additional 1,038,548 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Performance

IVW stock opened at $105.10 on Friday. The company’s 50-day simple moving average is $98.05 and its 200 day simple moving average is $99.81. iShares S&P 500 Growth ETF has a 52 week low of $79.31 and a 52 week high of $107.14. The company has a market capitalization of $56.69 billion, a PE ratio of 29.66 and a beta of 1.12.

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.