Financial Perspectives Inc Purchases 990 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Financial Perspectives Inc grew its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1.1% in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 95,033 shares of the company’s stock after buying an additional 990 shares during the quarter. iShares S&P 500 Growth ETF accounts for 3.2% of Financial Perspectives Inc’s investment portfolio, making the stock its 7th largest holding. Financial Perspectives Inc’s holdings in iShares S&P 500 Growth ETF were worth $8,794,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the company. CarsonAllaria Wealth Management Ltd. raised its holdings in iShares S&P 500 Growth ETF by 45.5% during the first quarter. CarsonAllaria Wealth Management Ltd. now owns 400 shares of the company’s stock worth $34,000 after purchasing an additional 125 shares in the last quarter. 1620 Investment Advisors Inc. acquired a new position in iShares S&P 500 Growth ETF during the 2nd quarter worth approximately $34,000. Financial Connections Group Inc. purchased a new position in shares of iShares S&P 500 Growth ETF during the 2nd quarter worth approximately $35,000. GPS Wealth Strategies Group LLC lifted its holdings in shares of iShares S&P 500 Growth ETF by 91.3% in the 2nd 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 during the period. Finally, Avondale Wealth Management boosted its stake in shares of 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 buying an additional 156 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Performance

NYSEARCA:IVW opened at $93.40 on Monday. The stock has a market capitalization of $48.93 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a 1 year low of $65.53 and a 1 year high of $97.22. The stock has a fifty day moving average price of $91.64 and a two-hundred day moving average price of $88.10.

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.