US Bancorp DE Sells 251,861 Shares of iShares S&P 500 Growth ETF $IVW

US Bancorp DE lessened its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 15.7% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 1,350,593 shares of the company’s stock after selling 251,861 shares during the period. US Bancorp DE’s holdings in iShares S&P 500 Growth ETF were worth $148,700,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of IVW. Integrated Advisors Network LLC raised its holdings in iShares S&P 500 Growth ETF by 196.1% during the first quarter. Integrated Advisors Network LLC now owns 113,420 shares of the company’s stock worth $10,529,000 after acquiring an additional 75,118 shares in the last quarter. CX Institutional raised its holdings in iShares S&P 500 Growth ETF by 4.3% during the first quarter. CX Institutional now owns 117,599 shares of the company’s stock worth $10,917,000 after acquiring an additional 4,876 shares in the last quarter. Strategic Equity Management raised its holdings in iShares S&P 500 Growth ETF by 5.7% during the first quarter. Strategic Equity Management now owns 122,221 shares of the company’s stock worth $11,346,000 after acquiring an additional 6,616 shares in the last quarter. My Legacy Advisors LLC raised its holdings in iShares S&P 500 Growth ETF by 1.8% during the first quarter. My Legacy Advisors LLC now owns 50,984 shares of the company’s stock worth $4,733,000 after acquiring an additional 889 shares in the last quarter. Finally, USA Financial Formulas raised its holdings in iShares S&P 500 Growth ETF by 59.1% during the first quarter. USA Financial Formulas now owns 1,315,807 shares of the company’s stock worth $122,146,000 after acquiring an additional 488,603 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Performance

IVW opened at $122.00 on Thursday. iShares S&P 500 Growth ETF has a 52-week low of $79.31 and a 52-week high of $122.02. The firm has a market capitalization of $66.53 billion, a PE ratio of 33.33 and a beta of 1.05. The business’s 50-day simple moving average is $117.13 and its 200 day simple moving average is $106.84.

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.