Tripletail Wealth Management LLC Invests $1.48 Million in iShares S&P 500 Growth ETF $IVW

Tripletail Wealth Management LLC bought a new position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the second quarter, Holdings Channel.com reports. The institutional investor bought 12,825 shares of the company’s stock, valued at approximately $1,478,000. iShares S&P 500 Growth ETF accounts for 2.2% of Tripletail Wealth Management LLC’s portfolio, making the stock its 9th biggest holding.

Several other hedge funds and other institutional investors also recently bought and sold shares of IVW. Sax Wealth Advisors LLC increased its stake in shares of iShares S&P 500 Growth ETF by 142.3% in the second quarter. Sax Wealth Advisors LLC now owns 18,003 shares of the company’s stock worth $1,982,000 after acquiring an additional 10,572 shares during the period. Atlantic Union Bankshares Corp boosted its holdings in iShares S&P 500 Growth ETF by 114.0% in the second quarter. Atlantic Union Bankshares Corp now owns 12,691 shares of the company’s stock valued at $1,397,000 after purchasing an additional 6,761 shares during the last quarter. Embree Financial Group grew its position in iShares S&P 500 Growth ETF by 101.2% during the 2nd quarter. Embree Financial Group now owns 8,357 shares of the company’s stock worth $920,000 after purchasing an additional 4,204 shares during the period. CW Advisors LLC grew its position in iShares S&P 500 Growth ETF by 21.7% during the 2nd quarter. CW Advisors LLC now owns 54,546 shares of the company’s stock worth $6,006,000 after purchasing an additional 9,719 shares during the period. Finally, Advyzon Investment Management LLC raised its stake in shares of iShares S&P 500 Growth ETF by 59.4% during the 2nd quarter. Advyzon Investment Management LLC now owns 4,694 shares of the company’s stock valued at $517,000 after buying an additional 1,750 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Down 0.3%

Shares of IVW stock opened at $124.08 on Tuesday. iShares S&P 500 Growth ETF has a 52-week low of $79.31 and a 52-week high of $126.61. The stock has a market cap of $67.36 billion, a PE ratio of 33.33 and a beta of 1.11. The business has a 50-day simple moving average of $122.07 and a 200-day simple moving average of $115.61.

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.