Cambridge Investment Research Advisors Inc. Reduces Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Cambridge Investment Research Advisors Inc. cut its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 13.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 745,597 shares of the company’s stock after selling 117,852 shares during the period. Cambridge Investment Research Advisors Inc. owned approximately 0.16% of iShares S&P 500 Growth ETF worth $52,550,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Migdal Insurance & Financial Holdings Ltd. boosted its position in shares of iShares S&P 500 Growth ETF by 220.0% during the first quarter. Migdal Insurance & Financial Holdings Ltd. now owns 400 shares of the company’s stock valued at $25,000 after buying an additional 275 shares during the last quarter. Magnolia Capital Management Ltd. bought a new position in iShares S&P 500 Growth ETF in the first quarter valued at about $35,000. GPS Wealth Strategies Group LLC bought a new position in iShares S&P 500 Growth ETF in the first quarter valued at about $36,000. Chilton Capital Management LLC bought a new position in iShares S&P 500 Growth ETF in the first quarter valued at about $37,000. Finally, True Wealth Design LLC bought a new position in iShares S&P 500 Growth ETF in the fourth quarter valued at about $47,000.

iShares S&P 500 Growth ETF Trading Down 0.5 %

IVW stock traded down $0.34 during trading on Tuesday, reaching $70.70. The stock had a trading volume of 549,090 shares, compared to its average volume of 1,831,719. iShares S&P 500 Growth ETF has a 52 week low of $55.30 and a 52 week high of $72.87. The stock’s 50 day moving average is $71.15 and its two-hundred day moving average is $67.33. The firm has a market cap of $34.64 billion, a PE ratio of 22.15 and a beta of 1.05.

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.