Montag A & Associates Inc. Has $6.01 Million Stock Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Montag A & Associates Inc. lowered its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 4.6% during the 3rd quarter, Holdings Channel.com reports. The firm owned 33,386 shares of the company’s stock after selling 1,600 shares during the quarter. Montag A & Associates Inc.’s holdings in iShares S&P 500 Growth ETF were worth $6,010,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in IVW. First Trust Advisors LP increased its position in shares of iShares S&P 500 Growth ETF by 6.2% during the third quarter. First Trust Advisors LP now owns 27,002 shares of the company’s stock worth $4,861,000 after acquiring an additional 1,565 shares in the last quarter. Haverford Trust Co. increased its position in shares of iShares S&P 500 Growth ETF by 1.7% during the third quarter. Haverford Trust Co. now owns 6,097 shares of the company’s stock worth $1,098,000 after acquiring an additional 100 shares in the last quarter. Parallel Advisors LLC increased its position in shares of iShares S&P 500 Growth ETF by 31.0% during the third quarter. Parallel Advisors LLC now owns 8,250 shares of the company’s stock worth $1,485,000 after acquiring an additional 1,951 shares in the last quarter. JNBA Financial Advisors increased its position in shares of iShares S&P 500 Growth ETF by 6.6% during the third quarter. JNBA Financial Advisors now owns 4,609 shares of the company’s stock worth $830,000 after acquiring an additional 287 shares in the last quarter. Finally, Harvest Group Wealth Management LLC bought a new stake in shares of iShares S&P 500 Growth ETF during the third quarter worth about $55,000.

Shares of NYSEARCA:IVW traded up $0.51 during midday trading on Friday, hitting $184.83. 261,583 shares of the company’s stock were exchanged, compared to its average volume of 571,393. The stock has a 50 day moving average price of $180.73 and a 200-day moving average price of $179.19. iShares S&P 500 Growth ETF has a 12 month low of $140.49 and a 12 month high of $185.23.

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.

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Want to see what other hedge funds are holding IVW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares S&P 500 Growth ETF (NYSEARCA:IVW).

Institutional Ownership by Quarter for iShares S&P 500 Growth ETF (NYSEARCA:IVW)

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