TPG Advisors LLC Makes New Investment in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

TPG Advisors LLC purchased a new stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 3,044 shares of the company’s stock, valued at approximately $282,000.

A number of other institutional investors have also recently modified their holdings of IVW. 1620 Investment Advisors Inc. acquired a new position in iShares S&P 500 Growth ETF in the second quarter valued at about $34,000. Financial Connections Group Inc. acquired a new position in shares of iShares S&P 500 Growth ETF during the 2nd quarter worth $35,000. CarsonAllaria Wealth Management Ltd. lifted its position in shares of iShares S&P 500 Growth ETF by 45.5% during the 1st quarter. CarsonAllaria Wealth Management Ltd. now owns 400 shares of the company’s stock worth $34,000 after buying an additional 125 shares during the last quarter. GPS Wealth Strategies Group LLC boosted its stake in iShares S&P 500 Growth ETF by 91.3% in the second quarter. GPS Wealth Strategies Group LLC now owns 417 shares of the company’s stock valued at $39,000 after buying an additional 199 shares in the last quarter. Finally, Avondale Wealth Management grew its position in iShares S&P 500 Growth ETF by 56.1% in the second quarter. Avondale Wealth Management now owns 434 shares of the company’s stock valued at $40,000 after acquiring an additional 156 shares during the last quarter.

iShares S&P 500 Growth ETF Trading Down 0.2 %

Shares of NYSEARCA IVW opened at $94.91 on Friday. The company has a market cap of $49.72 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a 12 month low of $65.53 and a 12 month high of $97.22. The stock has a 50-day moving average price of $91.42 and a two-hundred day moving average price of $88.40.

iShares S&P 500 Growth ETF Company Profile

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.