iShares S&P 500 Growth ETF (NYSEARCA:IVW) Position Reduced by Cornell Pochily Investment Advisors Inc.

Cornell Pochily Investment Advisors Inc. reduced its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 4.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 19,412 shares of the company’s stock after selling 868 shares during the quarter. Cornell Pochily Investment Advisors Inc.’s holdings in iShares S&P 500 Growth ETF were worth $1,458,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Moneta Group Investment Advisors LLC raised its position in iShares S&P 500 Growth ETF by 111,454.4% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 552,700,957 shares of the company’s stock valued at $32,333,006,000 after purchasing an additional 552,205,503 shares during the last quarter. JPMorgan Chase & Co. increased its position in iShares S&P 500 Growth ETF by 0.5% in the third quarter. JPMorgan Chase & Co. now owns 43,367,674 shares of the company’s stock worth $2,967,216,000 after purchasing an additional 229,932 shares during the period. Morgan Stanley raised its holdings in iShares S&P 500 Growth ETF by 5.5% during the 3rd quarter. Morgan Stanley now owns 29,378,514 shares of the company’s stock worth $2,010,078,000 after purchasing an additional 1,542,503 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in iShares S&P 500 Growth ETF by 54.8% during the 3rd quarter. Envestnet Asset Management Inc. now owns 21,690,571 shares of the company’s stock valued at $1,484,069,000 after purchasing an additional 7,681,845 shares during the period. Finally, Jones Financial Companies Lllp boosted its stake in shares of iShares S&P 500 Growth ETF by 0.8% in the 3rd quarter. Jones Financial Companies Lllp now owns 17,974,485 shares of the company’s stock valued at $1,229,814,000 after purchasing an additional 138,408 shares during the last quarter.

iShares S&P 500 Growth ETF Price Performance

IVW stock traded down $0.05 during trading hours on Thursday, reaching $84.65. 341,398 shares of the stock were exchanged, compared to its average volume of 3,810,794. iShares S&P 500 Growth ETF has a 12 month low of $62.22 and a 12 month high of $85.56. The firm’s 50-day moving average is $81.37 and its 200-day moving average is $74.97. The company has a market cap of $41.47 billion, a price-to-earnings ratio of 22.15 and a beta of 1.05.

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.