Lockerman Financial Group Inc. Grows Position in iShares S&P 500 Growth ETF $IVW

Lockerman Financial Group Inc. boosted its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 6.8% in the second quarter, HoldingsChannel reports. The institutional investor owned 3,230 shares of the company’s stock after buying an additional 206 shares during the quarter. Lockerman Financial Group Inc.’s holdings in iShares S&P 500 Growth ETF were worth $356,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Envestnet Asset Management Inc. raised its position in iShares S&P 500 Growth ETF by 5.1% in the 1st quarter. Envestnet Asset Management Inc. now owns 48,079,544 shares of the company’s stock valued at $4,463,224,000 after buying an additional 2,350,072 shares during the last quarter. LPL Financial LLC increased its position in shares of iShares S&P 500 Growth ETF by 5.5% during the 1st quarter. LPL Financial LLC now owns 18,929,345 shares of the company’s stock valued at $1,757,211,000 after purchasing an additional 988,955 shares during the last quarter. Goldman Sachs Group Inc. increased its position in shares of iShares S&P 500 Growth ETF by 4.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 6,639,595 shares of the company’s stock valued at $616,354,000 after purchasing an additional 279,859 shares during the last quarter. Park Avenue Securities LLC increased its position in shares of iShares S&P 500 Growth ETF by 3.3% during the 1st quarter. Park Avenue Securities LLC now owns 3,942,984 shares of the company’s stock valued at $366,027,000 after purchasing an additional 125,442 shares during the last quarter. Finally, Commonwealth Equity Services LLC increased its position in shares of iShares S&P 500 Growth ETF by 4.3% during the 1st quarter. Commonwealth Equity Services LLC now owns 3,533,251 shares of the company’s stock valued at $327,992,000 after purchasing an additional 147,169 shares during the last quarter.

iShares S&P 500 Growth ETF Price Performance

Shares of iShares S&P 500 Growth ETF stock opened at $120.16 on Tuesday. iShares S&P 500 Growth ETF has a 1 year low of $79.31 and a 1 year high of $121.77. The firm has a market cap of $65.84 billion, a PE ratio of 33.33 and a beta of 1.05. The stock has a fifty day moving average price of $116.04 and a 200-day moving average price of $105.71.

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.