RMR Wealth Builders Takes $51,000 Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

RMR Wealth Builders bought a new position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 248 shares of the company’s stock, valued at approximately $51,000.

A number of other institutional investors also recently bought and sold shares of IVW. JPMorgan Chase & Co. grew its position in iShares S&P 500 Growth ETF by 218.2% during the first quarter. JPMorgan Chase & Co. now owns 14,771,449 shares of the company’s stock valued at $2,438,027,000 after buying an additional 10,129,671 shares during the period. M&T Bank Corp purchased a new position in shares of iShares S&P 500 Growth ETF in the 1st quarter valued at about $289,425,000. Advisor Group Holdings Inc. purchased a new position in shares of iShares S&P 500 Growth ETF in the 1st quarter valued at about $228,803,000. Stifel Financial Corp raised its holdings in iShares S&P 500 Growth ETF by 72.7% in the 2nd quarter. Stifel Financial Corp now owns 2,352,761 shares of the company’s stock worth $488,176,000 after purchasing an additional 990,226 shares during the period. Finally, Raymond James Financial Services Advisors Inc. purchased a new position in iShares S&P 500 Growth ETF during the second quarter worth approximately $127,262,000.

Shares of iShares S&P 500 Growth ETF stock traded down $0.36 on Wednesday, reaching $233.34. The company’s stock had a trading volume of 6,147 shares, compared to its average volume of 848,846. The stock has a 50-day moving average price of $231.19 and a 200-day moving average price of $200.75. iShares S&P 500 Growth ETF has a 52-week low of $140.84 and a 52-week high of $250.42.

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.

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Institutional Ownership by Quarter for iShares S&P 500 Growth ETF (NYSEARCA:IVW)

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