Schrum Private Wealth Management LLC Buys 305 Shares of iShares S&P 500 Growth ETF $IVW

Schrum Private Wealth Management LLC raised its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 10.4% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 3,237 shares of the company’s stock after acquiring an additional 305 shares during the period. Schrum Private Wealth Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $356,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Envestnet Asset Management Inc. increased its holdings in iShares S&P 500 Growth ETF by 5.1% in the 1st quarter. Envestnet Asset Management Inc. now owns 48,079,544 shares of the company’s stock valued at $4,463,224,000 after acquiring an additional 2,350,072 shares during the last quarter. LPL Financial LLC grew its stake in shares of iShares S&P 500 Growth ETF by 5.5% in the 1st quarter. LPL Financial LLC now owns 18,929,345 shares of the company’s stock worth $1,757,211,000 after buying an additional 988,955 shares in the last quarter. Goldman Sachs Group Inc. grew its stake in shares of iShares S&P 500 Growth ETF by 4.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 6,639,595 shares of the company’s stock worth $616,354,000 after buying an additional 279,859 shares in the last quarter. Commonwealth Equity Services LLC grew its stake in shares of iShares S&P 500 Growth ETF by 4.3% in the 1st quarter. Commonwealth Equity Services LLC now owns 3,533,251 shares of the company’s stock worth $327,992,000 after buying an additional 147,169 shares in the last quarter. Finally, Cetera Investment Advisers grew its stake in shares of iShares S&P 500 Growth ETF by 7.9% in the 1st quarter. Cetera Investment Advisers now owns 3,465,787 shares of the company’s stock worth $321,729,000 after buying an additional 253,383 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Up 0.8%

Shares of NYSEARCA:IVW opened at $122.00 on Thursday. iShares S&P 500 Growth ETF has a 52 week low of $79.31 and a 52 week high of $122.02. The stock has a market capitalization of $66.53 billion, a P/E ratio of 33.33 and a beta of 1.05. The firm has a fifty day simple moving average of $117.13 and a two-hundred day simple moving average of $106.84.

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.