Investment Partners LTD. Lowers Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Investment Partners LTD. lowered its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 0.3% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 54,772 shares of the company’s stock after selling 148 shares during the period. iShares S&P 500 Growth ETF makes up 2.0% of Investment Partners LTD.’s investment portfolio, making the stock its 12th largest position. Investment Partners LTD.’s holdings in iShares S&P 500 Growth ETF were worth $4,113,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. JPMorgan Chase & Co. raised its holdings in shares of iShares S&P 500 Growth ETF by 0.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 43,367,674 shares of the company’s stock valued at $2,967,216,000 after acquiring an additional 229,932 shares in the last quarter. Morgan Stanley raised its holdings in shares of iShares S&P 500 Growth ETF by 5.5% during the 3rd quarter. Morgan Stanley now owns 29,378,514 shares of the company’s stock valued at $2,010,078,000 after buying an additional 1,542,503 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of iShares S&P 500 Growth ETF by 54.8% during the 3rd quarter. Envestnet Asset Management Inc. now owns 21,690,571 shares of the company’s stock valued at $1,484,069,000 after buying an additional 7,681,845 shares in the last quarter. Jones Financial Companies Lllp raised its holdings in shares of iShares S&P 500 Growth ETF by 0.8% during the 3rd quarter. Jones Financial Companies Lllp now owns 17,974,485 shares of the company’s stock valued at $1,229,814,000 after buying an additional 138,408 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its holdings in shares of iShares S&P 500 Growth ETF by 8.2% during the 3rd quarter. Ameriprise Financial Inc. now owns 9,048,951 shares of the company’s stock valued at $619,206,000 after buying an additional 682,586 shares in the last quarter.

iShares S&P 500 Growth ETF Price Performance

iShares S&P 500 Growth ETF stock traded up $1.56 during trading hours on Friday, reaching $82.53. The company had a trading volume of 1,811,103 shares, compared to its average volume of 3,597,853. The company has a 50-day moving average price of $83.03 and a 200 day moving average price of $77.03. The firm has a market cap of $43.10 billion, a price-to-earnings ratio of 27.41 and a beta of 1.12. iShares S&P 500 Growth ETF has a 12-month low of $63.19 and a 12-month high of $85.56.

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.