FSR Wealth Management Ltd. Decreases Stock Holdings in iShares S&P 500 Growth ETF $IVW

FSR Wealth Management Ltd. decreased its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 4.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,098 shares of the company’s stock after selling 139 shares during the period. iShares S&P 500 Growth ETF comprises approximately 0.4% of FSR Wealth Management Ltd.’s investment portfolio, making the stock its 26th largest holding. FSR Wealth Management Ltd.’s holdings in iShares S&P 500 Growth ETF were worth $341,000 as of its most recent SEC filing.

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

iShares S&P 500 Growth ETF Price Performance

Shares of NYSEARCA:IVW opened at $122.67 on Friday. The business’s 50 day moving average price is $118.65 and its 200-day moving average price is $109.44. The firm has a market capitalization of $66.69 billion, a price-to-earnings ratio of 33.33 and a beta of 1.05. iShares S&P 500 Growth ETF has a 1 year low of $79.31 and a 1 year high of $123.00.

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.