Ameritas Advisory Services LLC Decreases Position in iShares S&P 500 Growth ETF $IVW

Ameritas Advisory Services LLC cut its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 57.8% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 69,402 shares of the company’s stock after selling 95,065 shares during the quarter. Ameritas Advisory Services LLC’s holdings in iShares S&P 500 Growth ETF were worth $7,641,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. LongView Wealth Management lifted its stake in iShares S&P 500 Growth ETF by 0.9% in the 2nd quarter. LongView Wealth Management now owns 10,811 shares of the company’s stock valued at $1,190,000 after buying an additional 94 shares in the last quarter. Cape ANN Savings Bank raised its holdings in iShares S&P 500 Growth ETF by 4.2% in the 1st quarter. Cape ANN Savings Bank now owns 2,476 shares of the company’s stock valued at $230,000 after acquiring an additional 100 shares during the last quarter. Buska Wealth Management LLC raised its holdings in iShares S&P 500 Growth ETF by 1.4% in the 2nd quarter. Buska Wealth Management LLC now owns 8,166 shares of the company’s stock valued at $899,000 after acquiring an additional 111 shares during the last quarter. Fulton Bank N.A. raised its holdings in iShares S&P 500 Growth ETF by 2.4% in the 2nd quarter. Fulton Bank N.A. now owns 4,952 shares of the company’s stock valued at $545,000 after acquiring an additional 116 shares during the last quarter. Finally, Silverlake Wealth Management LLC raised its holdings in iShares S&P 500 Growth ETF by 4.5% in the 1st quarter. Silverlake Wealth Management LLC now owns 2,730 shares of the company’s stock valued at $253,000 after acquiring an additional 117 shares during the last quarter.

iShares S&P 500 Growth ETF Price Performance

Shares of NYSEARCA IVW opened at $121.40 on Friday. The company has a 50 day simple moving average of $116.54 and a 200-day simple moving average of $106.10. The company has a market capitalization of $66.19 billion, a P/E ratio of 33.33 and a beta of 1.05. iShares S&P 500 Growth ETF has a 1 year low of $79.31 and a 1 year high of $121.92.

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.