Encompass Wealth Advisors LLC Has $34.49 Million Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Encompass Wealth Advisors LLC cut its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 0.3% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 360,215 shares of the company’s stock after selling 1,177 shares during the period. iShares S&P 500 Growth ETF comprises 8.6% of Encompass Wealth Advisors LLC’s holdings, making the stock its largest holding. Encompass Wealth Advisors LLC owned approximately 0.07% of iShares S&P 500 Growth ETF worth $34,491,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the business. Envestnet Asset Management Inc. lifted its position in iShares S&P 500 Growth ETF by 47.0% in the second quarter. Envestnet Asset Management Inc. now owns 49,022,359 shares of the company’s stock worth $4,536,529,000 after buying an additional 15,673,824 shares during the last quarter. LPL Financial LLC lifted its holdings in shares of iShares S&P 500 Growth ETF by 35.2% in the 2nd quarter. LPL Financial LLC now owns 15,426,906 shares of the company’s stock worth $1,427,606,000 after acquiring an additional 4,015,007 shares during the last quarter. Envestnet Portfolio Solutions Inc. boosted its stake in shares of iShares S&P 500 Growth ETF by 60.6% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 6,371,552 shares of the company’s stock worth $589,623,000 after purchasing an additional 2,404,544 shares during the period. Cetera Investment Advisers grew its holdings in iShares S&P 500 Growth ETF by 200.4% during the 1st quarter. Cetera Investment Advisers now owns 2,545,315 shares of the company’s stock valued at $214,926,000 after purchasing an additional 1,698,066 shares during the last quarter. Finally, Park Avenue Securities LLC raised its position in iShares S&P 500 Growth ETF by 60.1% in the 2nd quarter. Park Avenue Securities LLC now owns 4,243,838 shares of the company’s stock worth $392,725,000 after purchasing an additional 1,593,875 shares during the period.

iShares S&P 500 Growth ETF Price Performance

Shares of NYSEARCA IVW opened at $101.04 on Wednesday. iShares S&P 500 Growth ETF has a 1 year low of $70.30 and a 1 year high of $101.43. The firm has a 50-day simple moving average of $95.64 and a two-hundred day simple moving average of $92.03. The company has a market cap of $52.93 billion, a P/E ratio of 28.52 and a beta of 1.14.

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.