Orion Portfolio Solutions LLC Acquires 89,352 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Orion Portfolio Solutions LLC increased its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 115.4% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 166,785 shares of the company’s stock after buying an additional 89,352 shares during the period. Orion Portfolio Solutions LLC’s holdings in iShares S&P 500 Growth ETF were worth $14,083,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Financial Connections Group Inc. acquired a new position in shares of iShares S&P 500 Growth ETF in the fourth quarter valued at $28,000. Goodwin Investment Advisory acquired a new position in shares of iShares S&P 500 Growth ETF in the fourth quarter valued at $29,000. Life Planning Partners Inc acquired a new position in shares of iShares S&P 500 Growth ETF in the fourth quarter valued at $32,000. CarsonAllaria Wealth Management Ltd. increased its holdings in shares of iShares S&P 500 Growth ETF by 45.5% in the first quarter. CarsonAllaria Wealth Management Ltd. now owns 400 shares of the company’s stock valued at $34,000 after purchasing an additional 125 shares during the last quarter. Finally, Northwest Financial Advisors bought a new stake in shares of iShares S&P 500 Growth ETF in the fourth quarter valued at about $38,000.

iShares S&P 500 Growth ETF Price Performance

IVW traded down $0.63 on Friday, hitting $92.08. 1,933,808 shares of the stock were exchanged, compared to its average volume of 3,301,550. iShares S&P 500 Growth ETF has a 12 month low of $65.53 and a 12 month high of $97.22. The business has a 50-day moving average of $90.81 and a two-hundred day moving average of $84.45. The firm has a market capitalization of $48.24 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14.

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.