iShares S&P 500 Growth ETF $IVW Shares Sold by Sterling Investment Counsel LLC

Sterling Investment Counsel LLC lessened its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 2.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 281,178 shares of the company’s stock after selling 6,688 shares during the quarter. iShares S&P 500 Growth ETF comprises approximately 9.1% of Sterling Investment Counsel LLC’s portfolio, making the stock its biggest position. Sterling Investment Counsel LLC owned about 0.05% of iShares S&P 500 Growth ETF worth $40,000,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of IVW. Bank of America Corp DE grew its position in iShares S&P 500 Growth ETF by 6.6% in the 1st quarter. Bank of America Corp DE now owns 19,779,268 shares of the company’s stock valued at $2,237,233,000 after buying an additional 1,229,382 shares during the last quarter. Cetera Investment Advisers increased its stake in iShares S&P 500 Growth ETF by 5.4% in the 1st quarter. Cetera Investment Advisers now owns 4,754,617 shares of the company’s stock valued at $537,795,000 after buying an additional 245,310 shares during the period. Lido Advisors LLC increased its stake in iShares S&P 500 Growth ETF by 2.3% in the 1st quarter. Lido Advisors LLC now owns 3,873,907 shares of the company’s stock valued at $438,178,000 after buying an additional 85,467 shares during the period. Royal Bank of Canada raised its position in iShares S&P 500 Growth ETF by 5.8% during the 1st quarter. Royal Bank of Canada now owns 3,539,621 shares of the company’s stock worth $400,576,000 after buying an additional 193,529 shares during the last quarter. Finally, Janney Montgomery Scott LLC raised its position in iShares S&P 500 Growth ETF by 9.6% during the 1st quarter. Janney Montgomery Scott LLC now owns 2,416,574 shares of the company’s stock worth $273,339,000 after buying an additional 211,952 shares during the last quarter.

iShares S&P 500 Growth ETF Price Performance

Shares of IVW stock traded up $1.28 during mid-day trading on Monday, hitting $140.21. The stock had a trading volume of 1,290,445 shares, compared to its average volume of 3,006,500. iShares S&P 500 Growth ETF has a fifty-two week low of $108.13 and a fifty-two week high of $146.83. The firm has a market cap of $77.57 billion, a PE ratio of 33.33 and a beta of 1.17. The company’s 50-day simple moving average is $141.10 and its 200-day simple moving average is $136.12.

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.