iShares S&P 500 Growth ETF $IVW Position Raised by RPS Advisory Solutions LLC

RPS Advisory Solutions LLC grew its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 903.9% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 90,280 shares of the company’s stock after acquiring an additional 81,287 shares during the quarter. iShares S&P 500 Growth ETF comprises approximately 5.5% of RPS Advisory Solutions LLC’s portfolio, making the stock its 6th biggest position. RPS Advisory Solutions LLC’s holdings in iShares S&P 500 Growth ETF were worth $9,940,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Flaharty Asset Management LLC bought a new position in shares of iShares S&P 500 Growth ETF during the first quarter valued at $26,000. Mechanics Financial Corp purchased a new position in iShares S&P 500 Growth ETF in the 1st quarter worth about $27,000. Mowery & Schoenfeld Wealth Management LLC bought a new position in iShares S&P 500 Growth ETF during the 1st quarter valued at about $33,000. Ryan Investment Management Inc. purchased a new stake in shares of iShares S&P 500 Growth ETF during the 2nd quarter valued at about $36,000. Finally, Christopher J. Hasenberg Inc purchased a new stake in shares of iShares S&P 500 Growth ETF during the 1st quarter valued at about $42,000.

iShares S&P 500 Growth ETF Trading Down 1.5%

Shares of IVW stock opened at $121.77 on Friday. iShares S&P 500 Growth ETF has a 12-month low of $79.31 and a 12-month high of $126.61. The stock has a market capitalization of $66.10 billion, a P/E ratio of 33.33 and a beta of 1.11. The firm’s 50 day moving average is $120.37 and its 200 day moving average is $111.59.

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.