Cetera Investment Advisers Has $537.79 Million Position in iShares S&P 500 Growth ETF $IVW

Cetera Investment Advisers grew its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 5.4% in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 4,754,617 shares of the company’s stock after buying an additional 245,310 shares during the quarter. iShares S&P 500 Growth ETF accounts for approximately 0.6% of Cetera Investment Advisers’ holdings, making the stock its 22nd biggest holding. Cetera Investment Advisers’ holdings in iShares S&P 500 Growth ETF were worth $537,795,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in IVW. United Bank raised its position in iShares S&P 500 Growth ETF by 4.6% in the second quarter. United Bank now owns 52,096 shares of the company’s stock worth $5,736,000 after purchasing an additional 2,280 shares in the last quarter. Schnieders Capital Management LLC. acquired a new position in shares of iShares S&P 500 Growth ETF in the 2nd quarter worth approximately $600,000. Russell Investments Group Ltd. lifted its position in shares of iShares S&P 500 Growth ETF by 13.4% during the 2nd quarter. Russell Investments Group Ltd. now owns 5,992 shares of the company’s stock worth $660,000 after buying an additional 707 shares during the period. First Trust Advisors LP lifted its position in shares of iShares S&P 500 Growth ETF by 15.4% during the 2nd quarter. First Trust Advisors LP now owns 31,834 shares of the company’s stock worth $3,505,000 after buying an additional 4,238 shares during the period. Finally, Flow Traders U.S. LLC acquired a new stake in iShares S&P 500 Growth ETF in the 2nd quarter valued at $244,000.

iShares S&P 500 Growth ETF Price Performance

Shares of NYSEARCA:IVW opened at $135.97 on Thursday. The business’s fifty day moving average price is $136.64 and its two-hundred day moving average price is $127.31. iShares S&P 500 Growth ETF has a fifty-two week low of $108.13 and a fifty-two week high of $141.98. The stock has a market capitalization of $74.23 billion, a price-to-earnings ratio of 33.33 and a beta of 1.17.

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. The Growth Index is a subset of the S&P 500 and consists of those stocks in the S&P 500 exhibiting the strongest growth characteristics.