N.E.W. Advisory Services LLC Sells 457 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

N.E.W. Advisory Services LLC trimmed its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 8.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 4,989 shares of the company’s stock after selling 457 shares during the period. N.E.W. Advisory Services LLC’s holdings in iShares S&P 500 Growth ETF were worth $375,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. Envestnet Asset Management Inc. increased its position in shares of iShares S&P 500 Growth ETF by 54.8% in the third quarter. Envestnet Asset Management Inc. now owns 21,690,571 shares of the company’s stock valued at $1,484,069,000 after acquiring an additional 7,681,845 shares during the period. LPL Financial LLC raised its holdings in shares of iShares S&P 500 Growth ETF by 35.1% during the third quarter. LPL Financial LLC now owns 7,697,945 shares of the company’s stock valued at $526,693,000 after acquiring an additional 1,998,078 shares in the last quarter. Envestnet Portfolio Solutions Inc. bought a new position in shares of iShares S&P 500 Growth ETF during the third quarter valued at approximately $133,439,000. Morgan Stanley grew its stake in iShares S&P 500 Growth ETF by 5.5% in the third quarter. Morgan Stanley now owns 29,378,514 shares of the company’s stock worth $2,010,078,000 after purchasing an additional 1,542,503 shares during the period. Finally, Comerica Bank purchased a new stake in iShares S&P 500 Growth ETF in the third quarter worth $75,684,000.

iShares S&P 500 Growth ETF Price Performance

IVW stock traded up $1.16 during midday trading on Monday, hitting $84.53. The stock had a trading volume of 1,471,932 shares, compared to its average volume of 3,486,236. The firm has a market cap of $44.14 billion, a price-to-earnings ratio of 27.41 and a beta of 1.12. The business has a 50-day moving average of $83.14 and a two-hundred day moving average of $77.66. iShares S&P 500 Growth ETF has a 52-week low of $64.24 and a 52-week high of $85.56.

iShares S&P 500 Growth ETF Profile

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.