Cetera Investment Advisers Acquires 775,318 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Cetera Investment Advisers lifted its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 30.5% in the 2nd quarter, Holdings Channel reports. The firm owned 3,320,633 shares of the company’s stock after acquiring an additional 775,318 shares during the period. iShares S&P 500 Growth ETF accounts for 0.7% of Cetera Investment Advisers’ portfolio, making the stock its 17th biggest holding. Cetera Investment Advisers’ holdings in iShares S&P 500 Growth ETF were worth $307,291,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Envestnet Asset Management Inc. raised its position in iShares S&P 500 Growth ETF by 47.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 49,022,359 shares of the company’s stock worth $4,536,529,000 after buying an additional 15,673,824 shares during the last quarter. JPMorgan Chase & Co. grew its stake in shares of iShares S&P 500 Growth ETF by 1.5% in the first quarter. JPMorgan Chase & Co. now owns 46,660,015 shares of the company’s stock worth $3,939,972,000 after acquiring an additional 709,113 shares during the period. LPL Financial LLC raised its holdings in shares of iShares S&P 500 Growth ETF by 35.2% during the second quarter. LPL Financial LLC now owns 15,426,906 shares of the company’s stock valued at $1,427,606,000 after purchasing an additional 4,015,007 shares during the last quarter. Ameriprise Financial Inc. lifted its position in iShares S&P 500 Growth ETF by 6.8% during the second quarter. Ameriprise Financial Inc. now owns 7,363,062 shares of the company’s stock valued at $680,575,000 after purchasing an additional 467,356 shares during the period. Finally, Envestnet Portfolio Solutions Inc. boosted its holdings in iShares S&P 500 Growth ETF by 60.6% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 6,371,552 shares of the company’s stock worth $589,623,000 after purchasing an additional 2,404,544 shares during the last quarter.

iShares S&P 500 Growth ETF Trading Up 0.5 %

NYSEARCA:IVW opened at $95.75 on Tuesday. The company has a 50 day simple moving average of $91.61 and a two-hundred day simple moving average of $89.00. The company has a market cap of $50.16 billion, a PE 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.

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.