Commonwealth Financial Services LLC Trims Position in iShares S&P 500 Growth ETF $IVW

Commonwealth Financial Services LLC cut its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVWFree Report) by 75.0% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 30,327 shares of the company’s stock after selling 91,091 shares during the quarter. Commonwealth Financial Services LLC’s holdings in iShares S&P 500 Growth ETF were worth $3,339,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Elite Financial Inc. purchased a new position in iShares S&P 500 Growth ETF during the 1st quarter worth approximately $26,000. Flaharty Asset Management LLC purchased a new position in iShares S&P 500 Growth ETF during the 1st quarter worth approximately $26,000. Mechanics Financial Corp purchased a new position in iShares S&P 500 Growth ETF during the 1st quarter worth approximately $27,000. Mowery & Schoenfeld Wealth Management LLC purchased a new position in iShares S&P 500 Growth ETF during the 1st quarter worth approximately $33,000. Finally, Cloud Capital Management LLC purchased a new position in iShares S&P 500 Growth ETF during the 1st quarter worth approximately $36,000.

iShares S&P 500 Growth ETF Trading Down 3.1%

IVW opened at $118.29 on Friday. iShares S&P 500 Growth ETF has a 12-month low of $79.31 and a 12-month high of $122.66. The firm has a market capitalization of $64.41 billion, a PE ratio of 33.33 and a beta of 1.05. The firm has a 50 day moving average of $117.43 and a two-hundred day moving average of $107.24.

iShares S&P 500 Growth ETF Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for iShares S&P 500 Growth ETF (NYSEARCA:IVW)

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