Comerica Bank Has $115.02 Million Holdings in iShares S&P 500 Growth ETF $IVW

Comerica Bank cut its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 3.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 952,775 shares of the company’s stock after selling 32,681 shares during the period. Comerica Bank’s holdings in iShares S&P 500 Growth ETF were worth $115,019,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Davis Capital Management acquired a new stake in shares of iShares S&P 500 Growth ETF during the third quarter worth about $28,000. Darwin Wealth Management LLC acquired a new position in shares of iShares S&P 500 Growth ETF in the 2nd quarter valued at approximately $30,000. Howe & Rusling Inc. grew its position in shares of iShares S&P 500 Growth ETF by 484.1% in the 3rd quarter. Howe & Rusling Inc. now owns 257 shares of the company’s stock valued at $31,000 after purchasing an additional 213 shares during the period. Financial Consulate Inc. bought a new stake in iShares S&P 500 Growth ETF during the 3rd quarter worth approximately $41,000. Finally, Optiver Holding B.V. bought a new stake in iShares S&P 500 Growth ETF during the 3rd quarter worth approximately $46,000.

iShares S&P 500 Growth ETF Stock Performance

Shares of IVW stock opened at $116.72 on Friday. iShares S&P 500 Growth ETF has a 52 week low of $79.31 and a 52 week high of $126.61. The company’s 50 day moving average price is $121.67 and its two-hundred day moving average price is $121.39. The company has a market capitalization of $62.66 billion, a P/E ratio of 33.33 and a beta of 1.11.

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.