Claro Advisors LLC Acquires 725 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Claro Advisors LLC boosted its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 5.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 13,607 shares of the company’s stock after purchasing an additional 725 shares during the period. Claro Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $1,259,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. CarsonAllaria Wealth Management Ltd. increased its holdings in shares of 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 buying an additional 125 shares in the last quarter. 1620 Investment Advisors Inc. acquired a new stake in shares of iShares S&P 500 Growth ETF in the second quarter valued at approximately $34,000. Financial Connections Group Inc. acquired a new stake in shares of iShares S&P 500 Growth ETF in the second quarter valued at approximately $35,000. Northwest Financial Advisors acquired a new stake in shares of iShares S&P 500 Growth ETF in the fourth quarter valued at approximately $38,000. Finally, GPS Wealth Strategies Group LLC increased its holdings in shares of iShares S&P 500 Growth ETF by 91.3% in the second quarter. GPS Wealth Strategies Group LLC now owns 417 shares of the company’s stock valued at $39,000 after purchasing an additional 199 shares in the last quarter.

iShares S&P 500 Growth ETF Trading Up 1.1 %

Shares of iShares S&P 500 Growth ETF stock traded up $0.98 during midday trading on Friday, reaching $93.26. The company had a trading volume of 2,539,027 shares, compared to its average volume of 3,147,192. The company has a market capitalization of $48.86 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. The stock has a fifty day simple moving average of $92.16 and a 200 day simple moving average of $87.40. iShares S&P 500 Growth ETF has a 1-year low of $65.53 and a 1-year high of $97.22.

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.