iShares S&P 500 Growth ETF (NYSEARCA:IVW) Shares Sold by Tobias Financial Advisors Inc.

Tobias Financial Advisors Inc. decreased its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 3.4% during the 3rd quarter, HoldingsChannel reports. The firm owned 60,373 shares of the company’s stock after selling 2,094 shares during the period. iShares S&P 500 Growth ETF comprises 1.2% of Tobias Financial Advisors Inc.’s holdings, making the stock its 19th largest position. Tobias Financial Advisors Inc.’s holdings in iShares S&P 500 Growth ETF were worth $5,781,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Envestnet Asset Management Inc. boosted its holdings in shares of iShares S&P 500 Growth ETF by 47.0% during 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 acquiring an additional 15,673,824 shares during the period. LPL Financial LLC boosted its stake in iShares S&P 500 Growth ETF by 35.2% during the 2nd quarter. LPL Financial LLC now owns 15,426,906 shares of the company’s stock valued at $1,427,606,000 after purchasing an additional 4,015,007 shares during the period. Envestnet Portfolio Solutions Inc. grew its position in iShares S&P 500 Growth ETF by 60.6% in the 2nd 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. Cetera Investment Advisers grew its position in iShares S&P 500 Growth ETF by 200.4% in the 1st quarter. Cetera Investment Advisers now owns 2,545,315 shares of the company’s stock worth $214,926,000 after purchasing an additional 1,698,066 shares during the last quarter. Finally, Park Avenue Securities LLC increased its stake in shares of iShares S&P 500 Growth ETF by 60.1% in the second quarter. Park Avenue Securities LLC now owns 4,243,838 shares of the company’s stock valued at $392,725,000 after purchasing an additional 1,593,875 shares during the period.

iShares S&P 500 Growth ETF Trading Up 1.4 %

Shares of NYSEARCA IVW opened at $96.83 on Wednesday. iShares S&P 500 Growth ETF has a 12-month low of $69.29 and a 12-month high of $98.68. The company has a market cap of $50.73 billion, a PE ratio of 28.52 and a beta of 1.14. The stock has a 50 day simple moving average of $94.81 and a 200-day simple moving average of $91.35.

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.