Greenleaf Trust Acquires 3,647 Shares of iShares S&P 500 Growth ETF $IVW

Greenleaf Trust boosted its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1.2% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 311,771 shares of the company’s stock after purchasing an additional 3,647 shares during the period. iShares S&P 500 Growth ETF comprises approximately 0.4% of Greenleaf Trust’s investment portfolio, making the stock its 27th biggest position. Greenleaf Trust owned approximately 0.06% of iShares S&P 500 Growth ETF worth $42,878,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of IVW. United Bank lifted its stake in shares of 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 acquiring an additional 2,280 shares during the period. Schnieders Capital Management LLC. acquired a new stake in iShares S&P 500 Growth ETF during the 2nd quarter valued at approximately $600,000. Russell Investments Group Ltd. increased its position in 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 valued at $660,000 after purchasing an additional 707 shares during the period. First Trust Advisors LP raised its holdings in 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 purchasing an additional 4,238 shares during the last quarter. Finally, Flow Traders U.S. LLC bought a new position in iShares S&P 500 Growth ETF during the 2nd quarter worth approximately $244,000.

iShares S&P 500 Growth ETF Stock Performance

Shares of NYSEARCA IVW opened at $140.02 on Friday. The company’s 50 day moving average price is $137.24 and its 200-day moving average price is $130.10. iShares S&P 500 Growth ETF has a 52-week low of $108.13 and a 52-week high of $143.26. The company has a market capitalization of $76.44 billion, a P/E ratio of 33.33 and a beta of 1.17.

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. 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.