iShares S&P 500 Growth ETF $IVW Shares Sold by Pettinga Financial Advisors LLC

Pettinga Financial Advisors LLC cut its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 2.1% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 254,846 shares of the company’s stock after selling 5,409 shares during the period. iShares S&P 500 Growth ETF comprises about 6.0% of Pettinga Financial Advisors LLC’s portfolio, making the stock its 4th largest position. Pettinga Financial Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $30,765,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. The Manufacturers Life Insurance Company lifted its holdings in iShares S&P 500 Growth ETF by 329.5% during the second quarter. The Manufacturers Life Insurance Company now owns 1,708,995 shares of the company’s stock worth $188,160,000 after acquiring an additional 1,311,063 shares in the last quarter. Laurel Wealth Advisors LLC raised its position in shares of iShares S&P 500 Growth ETF by 11,334.7% during the second quarter. Laurel Wealth Advisors LLC now owns 770,011 shares of the company’s stock worth $84,778,000 after purchasing an additional 763,277 shares during the period. Ascent Group LLC lifted its holdings in shares of iShares S&P 500 Growth ETF by 341.5% during the 1st quarter. Ascent Group LLC now owns 806,123 shares of the company’s stock valued at $74,832,000 after purchasing an additional 623,555 shares in the last quarter. EP Wealth Advisors LLC grew its position in shares of iShares S&P 500 Growth ETF by 487.9% in the 2nd quarter. EP Wealth Advisors LLC now owns 679,544 shares of the company’s stock valued at $74,818,000 after purchasing an additional 563,960 shares during the period. Finally, Ameriprise Financial Inc. grew its position in shares of iShares S&P 500 Growth ETF by 6.9% in 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.

iShares S&P 500 Growth ETF Stock Performance

NYSEARCA IVW opened at $123.34 on Friday. The stock has a market cap of $66.96 billion, a price-to-earnings ratio of 33.33 and a beta of 1.11. The business has a 50 day simple moving average of $123.01 and a 200 day simple moving average of $118.04. iShares S&P 500 Growth ETF has a 52-week low of $79.31 and a 52-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.