Schnieders Capital Management LLC Makes New Investment in iShares S&P 500 Growth ETF $IVW

Schnieders Capital Management LLC acquired a new stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) during the second quarter, Holdings Channel reports. The firm acquired 5,450 shares of the company’s stock, valued at approximately $600,000.

Other large investors also recently modified their holdings of the company. Envestnet Asset Management Inc. grew its position 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 acquiring an additional 2,350,072 shares during the period. Liberty Wealth Management LLC lifted its holdings in shares of iShares S&P 500 Growth ETF by 489.6% during the first quarter. Liberty Wealth Management LLC now owns 1,363,876 shares of the company’s stock valued at $126,609,000 after acquiring an additional 1,132,541 shares during the period. LPL Financial LLC grew its holdings 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 purchasing an additional 988,955 shares during the last quarter. Pinkerton Retirement Specialists LLC grew its holdings in shares of iShares S&P 500 Growth ETF by 192.5% in the 1st quarter. Pinkerton Retirement Specialists LLC now owns 1,135,349 shares of the company’s stock worth $105,394,000 after purchasing an additional 747,194 shares during the last quarter. Finally, Financiere des Professionnels Fonds d investissement inc. acquired a new stake in shares of iShares S&P 500 Growth ETF during the 1st quarter worth about $65,909,000.

iShares S&P 500 Growth ETF Stock Up 0.5%

NYSEARCA:IVW opened at $120.40 on Monday. The firm has a market cap of $65.48 billion, a PE ratio of 33.33 and a beta of 1.05. iShares S&P 500 Growth ETF has a 12 month low of $79.31 and a 12 month high of $122.66. The company’s 50-day moving average price is $118.05 and its two-hundred day moving average price is $108.30.

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.