Mitchell Mcleod Pugh & Williams Inc. Cuts Stock Position in iShares S&P 500 Growth ETF $IVW

Mitchell Mcleod Pugh & Williams Inc. trimmed its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 45.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,320 shares of the company’s stock after selling 5,174 shares during the period. Mitchell Mcleod Pugh & Williams Inc.’s holdings in iShares S&P 500 Growth ETF were worth $794,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Ameriprise Financial Inc. raised its stake in iShares S&P 500 Growth ETF by 6.9% during the 2nd quarter. Ameriprise Financial Inc. now owns 8,499,823 shares of the company’s stock valued at $935,874,000 after purchasing an additional 547,663 shares during the period. PNC Financial Services Group Inc. grew its holdings in iShares S&P 500 Growth ETF by 1.4% during the 2nd quarter. PNC Financial Services Group Inc. now owns 5,568,243 shares of the company’s stock valued at $613,064,000 after buying an additional 76,455 shares in the last quarter. Commonwealth Equity Services LLC raised its position in shares of iShares S&P 500 Growth ETF by 1.9% during the second quarter. Commonwealth Equity Services LLC now owns 3,599,847 shares of the company’s stock valued at $396,343,000 after buying an additional 66,596 shares during the last quarter. Lido Advisors LLC raised its position in shares of iShares S&P 500 Growth ETF by 6.4% during the second quarter. Lido Advisors LLC now owns 3,418,138 shares of the company’s stock valued at $376,337,000 after buying an additional 205,322 shares during the last quarter. Finally, MML Investors Services LLC lifted its holdings in shares of iShares S&P 500 Growth ETF by 0.4% in the second quarter. MML Investors Services LLC now owns 3,333,902 shares of the company’s stock worth $367,063,000 after buying an additional 13,849 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Performance

Shares of NYSEARCA:IVW opened at $120.91 on Wednesday. The firm has a market cap of $64.98 billion, a price-to-earnings ratio of 33.33 and a beta of 1.11. The firm has a fifty day moving average price of $122.97 and a 200 day moving average price of $119.45. iShares S&P 500 Growth ETF has a fifty-two week low of $79.31 and a fifty-two week high of $126.61.

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. The Growth Index is a subset of the S&P 500 and consists of those stocks in the S&P 500 exhibiting the strongest growth characteristics.