iShares S&P 500 Growth ETF (NYSEARCA:IVW) is Encompass Wealth Advisors LLC’s Largest Position

Encompass Wealth Advisors LLC cut its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 0.3% during the third quarter, HoldingsChannel.com reports. The fund owned 360,215 shares of the company’s stock after selling 1,177 shares during the quarter. iShares S&P 500 Growth ETF makes up approximately 8.6% of Encompass Wealth Advisors LLC’s investment portfolio, making the stock its biggest holding. Encompass Wealth Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $34,491,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. QRG Capital Management Inc. grew its holdings in iShares S&P 500 Growth ETF by 1.9% during the 1st quarter. QRG Capital Management Inc. now owns 8,457 shares of the company’s stock worth $714,000 after acquiring an additional 160 shares in the last quarter. Cozad Asset Management Inc. bought a new position in shares of iShares S&P 500 Growth ETF during the first quarter valued at approximately $300,000. SageView Advisory Group LLC boosted its stake in shares of iShares S&P 500 Growth ETF by 929.9% during the first quarter. SageView Advisory Group LLC now owns 108,229 shares of the company’s stock valued at $9,139,000 after purchasing an additional 97,720 shares in the last quarter. TBH Global Asset Management LLC purchased a new position in iShares S&P 500 Growth ETF during the first quarter valued at approximately $300,000. Finally, Ledyard National Bank bought a new position in iShares S&P 500 Growth ETF in the first quarter worth approximately $291,000.

iShares S&P 500 Growth ETF Stock Up 0.0 %

iShares S&P 500 Growth ETF stock opened at $101.04 on Wednesday. iShares S&P 500 Growth ETF has a twelve month low of $70.30 and a twelve month high of $101.43. The business has a fifty day moving average of $95.64 and a two-hundred day moving average of $92.03. The firm has a market cap of $52.93 billion, a P/E ratio of 28.52 and a beta of 1.14.

iShares S&P 500 Growth ETF 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.