iShares S&P 500 Growth ETF $IVW Shares Sold by SPC Financial Inc.

SPC Financial Inc. cut its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1.9% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 224,358 shares of the company’s stock after selling 4,440 shares during the quarter. iShares S&P 500 Growth ETF accounts for about 2.1% of SPC Financial Inc.’s investment portfolio, making the stock its 15th largest holding. SPC Financial Inc.’s holdings in iShares S&P 500 Growth ETF were worth $27,084,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of IVW. Envestnet Asset Management Inc. boosted its position in iShares S&P 500 Growth ETF by 0.4% during the 3rd quarter. Envestnet Asset Management Inc. now owns 45,556,746 shares of the company’s stock valued at $5,499,610,000 after purchasing an additional 179,866 shares during the period. Ameriprise Financial Inc. boosted 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 in the last quarter. PNC Financial Services Group Inc. boosted its stake in iShares S&P 500 Growth ETF by 1.4% during the second 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 holdings in shares of iShares S&P 500 Growth ETF by 1.9% in the 2nd quarter. Commonwealth Equity Services LLC now owns 3,599,847 shares of the company’s stock worth $396,343,000 after purchasing an additional 66,596 shares in the last quarter. Finally, Lido Advisors LLC raised its holdings in iShares S&P 500 Growth ETF by 6.4% during the 2nd quarter. Lido Advisors LLC now owns 3,418,138 shares of the company’s stock worth $376,337,000 after buying an additional 205,322 shares during the period.

iShares S&P 500 Growth ETF Trading Up 2.5%

NYSEARCA:IVW opened at $121.22 on Friday. The firm has a market capitalization of $65.07 billion, a price-to-earnings ratio of 33.33 and a beta of 1.11. iShares S&P 500 Growth ETF has a 1-year low of $79.31 and a 1-year high of $126.61. The business’s fifty day moving average price is $123.48 and its 200 day moving average price is $120.45.

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.