Foundations Investment Advisors LLC Has $136.84 Million Stock Holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Foundations Investment Advisors LLC increased its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 14.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,429,126 shares of the company’s stock after acquiring an additional 180,235 shares during the quarter. iShares S&P 500 Growth ETF makes up about 2.9% of Foundations Investment Advisors LLC’s portfolio, making the stock its 2nd largest position. Foundations Investment Advisors LLC owned approximately 0.27% of iShares S&P 500 Growth ETF worth $136,839,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also bought and sold shares of the company. Envestnet Asset Management Inc. raised its position in shares of iShares S&P 500 Growth ETF by 47.0% during the second quarter. Envestnet Asset Management Inc. now owns 49,022,359 shares of the company’s stock worth $4,536,529,000 after purchasing an additional 15,673,824 shares during the period. JPMorgan Chase & Co. raised its holdings in 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 last quarter. LPL Financial LLC lifted its stake in shares of iShares S&P 500 Growth ETF by 35.2% in the second quarter. LPL Financial LLC now owns 15,426,906 shares of the company’s stock valued at $1,427,606,000 after buying an additional 4,015,007 shares in the last quarter. Ameriprise Financial Inc. grew its holdings in shares of iShares S&P 500 Growth ETF by 6.8% during the second quarter. Ameriprise Financial Inc. now owns 7,363,062 shares of the company’s stock valued at $680,575,000 after buying an additional 467,356 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. grew its holdings 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 valued at $589,623,000 after buying an additional 2,404,544 shares during the last quarter.

iShares S&P 500 Growth ETF Price Performance

IVW opened at $97.91 on Tuesday. iShares S&P 500 Growth ETF has a fifty-two week low of $65.53 and a fifty-two week high of $98.05. The firm has a market capitalization of $51.30 billion, a PE ratio of 28.52 and a beta of 1.14. The company’s 50-day moving average is $93.91 and its 200 day moving average is $90.27.

iShares S&P 500 Growth ETF Company 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.