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

Conning Inc. cut its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 22.9% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 61,779 shares of the company’s stock after selling 18,321 shares during the quarter. Conning Inc.’s holdings in iShares S&P 500 Growth ETF were worth $6,988,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. United Bank grew its position in shares of iShares S&P 500 Growth ETF by 4.6% in the second quarter. United Bank now owns 52,096 shares of the company’s stock valued at $5,736,000 after purchasing an additional 2,280 shares during the period. Schnieders Capital Management LLC. acquired a new position in shares of iShares S&P 500 Growth ETF during the 2nd quarter worth about $600,000. Russell Investments Group Ltd. raised its position in shares of iShares S&P 500 Growth ETF by 13.4% during the 2nd quarter. Russell Investments Group Ltd. now owns 5,992 shares of the company’s stock worth $660,000 after purchasing an additional 707 shares during the last quarter. First Trust Advisors LP lifted its stake in iShares S&P 500 Growth ETF by 15.4% in the 2nd quarter. First Trust Advisors LP now owns 31,834 shares of the company’s stock valued at $3,505,000 after buying an additional 4,238 shares in the last quarter. Finally, Flow Traders U.S. LLC acquired a new stake in iShares S&P 500 Growth ETF in the 2nd quarter worth about $244,000.

iShares S&P 500 Growth ETF Trading Up 0.6%

NYSEARCA:IVW opened at $138.59 on Friday. The stock has a 50 day moving average of $136.32 and a two-hundred day moving average of $126.62. iShares S&P 500 Growth ETF has a 12 month low of $108.13 and a 12 month high of $141.98. The firm has a market cap of $75.49 billion, a P/E ratio of 33.33 and a beta of 1.17.

About iShares S&P 500 Growth ETF

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.