Etfidea LLC Decreases Stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Etfidea LLC cut its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 4.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,332 shares of the company’s stock after selling 898 shares during the quarter. Etfidea LLC’s holdings in iShares S&P 500 Growth ETF were worth $1,947,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the business. Envestnet Asset Management Inc. boosted its stake in shares of iShares S&P 500 Growth ETF by 47.0% in the second quarter. Envestnet Asset Management Inc. now owns 49,022,359 shares of the company’s stock valued at $4,536,529,000 after buying an additional 15,673,824 shares in the last quarter. LPL Financial LLC raised its holdings in iShares S&P 500 Growth ETF by 35.2% during the second quarter. LPL Financial LLC now owns 15,426,906 shares of the company’s stock worth $1,427,606,000 after purchasing an additional 4,015,007 shares during the last quarter. Ameriprise Financial Inc. raised its holdings in iShares S&P 500 Growth ETF by 6.8% during the second quarter. Ameriprise Financial Inc. now owns 7,363,062 shares of the company’s stock worth $680,575,000 after purchasing an additional 467,356 shares during the last quarter. Envestnet Portfolio Solutions Inc. raised its holdings in iShares S&P 500 Growth ETF by 60.6% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 6,371,552 shares of the company’s stock worth $589,623,000 after purchasing an additional 2,404,544 shares during the last quarter. Finally, CWM LLC raised its holdings in iShares S&P 500 Growth ETF by 36.0% during the second quarter. CWM LLC now owns 6,010,873 shares of the company’s stock worth $556,246,000 after purchasing an additional 1,591,661 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Performance

Shares of IVW stock opened at $99.65 on Wednesday. The stock has a fifty day moving average price of $96.65 and a 200 day moving average price of $92.65. The stock has a market cap of $52.21 billion, a PE ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a 1 year low of $71.93 and a 1 year high of $101.55.

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.