iShares S&P 500 Growth ETF (NYSEARCA:IVW) is Tnf LLC’s 5th Largest Position

Tnf LLC raised its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1,826.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 149,866 shares of the company’s stock after buying an additional 142,088 shares during the period. iShares S&P 500 Growth ETF comprises about 4.9% of Tnf LLC’s holdings, making the stock its 5th largest holding. Tnf LLC’s holdings in iShares S&P 500 Growth ETF were worth $13,489,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the company. JPMorgan Chase & Co. boosted its position in shares of iShares S&P 500 Growth ETF by 1.5% during the first quarter. JPMorgan Chase & Co. now owns 46,660,015 shares of the company’s stock worth $3,939,972,000 after buying an additional 709,113 shares during the period. Stifel Financial Corp boosted its position in shares of iShares S&P 500 Growth ETF by 0.8% during the fourth quarter. Stifel Financial Corp now owns 6,968,324 shares of the company’s stock worth $523,327,000 after buying an additional 58,292 shares during the period. Envestnet Portfolio Solutions Inc. boosted its position in shares of iShares S&P 500 Growth ETF by 60.6% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 6,371,552 shares of the company’s stock worth $589,623,000 after buying an additional 2,404,544 shares during the period. CWM LLC boosted its position in shares of iShares S&P 500 Growth ETF by 36.0% during the second quarter. CWM LLC now owns 6,010,873 shares of the company’s stock worth $556,246,000 after buying an additional 1,591,661 shares during the period. Finally, Park Avenue Securities LLC boosted its position in shares of iShares S&P 500 Growth ETF by 60.1% during the second quarter. Park Avenue Securities LLC now owns 4,243,838 shares of the company’s stock worth $392,725,000 after buying an additional 1,593,875 shares during the period.

iShares S&P 500 Growth ETF Stock Performance

Shares of IVW traded up $1.09 during midday trading on Friday, hitting $93.88. 1,269,992 shares of the stock were exchanged, compared to its average volume of 3,179,254. The firm has a market cap of $49.18 billion, a P/E ratio of 28.52 and a beta of 1.14. The stock has a fifty day simple moving average of $92.15 and a 200 day simple moving average of $87.04. iShares S&P 500 Growth ETF has a 52-week low of $65.53 and a 52-week 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.