Scissortail Wealth Management LLC Has $23.08 Million Stock Position in iShares S&P 500 Growth ETF $IVW

Scissortail Wealth Management LLC decreased its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 3.0% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 191,184 shares of the company’s stock after selling 5,853 shares during the period. iShares S&P 500 Growth ETF makes up 5.0% of Scissortail Wealth Management LLC’s investment portfolio, making the stock its 2nd biggest holding. Scissortail Wealth Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $23,080,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. Ameriprise Financial Inc. grew its holdings in shares of iShares S&P 500 Growth ETF by 6.9% during the second quarter. Ameriprise Financial Inc. now owns 8,499,823 shares of the company’s stock worth $935,874,000 after buying an additional 547,663 shares in the last quarter. PNC Financial Services Group Inc. boosted its position in iShares S&P 500 Growth ETF by 1.4% during the 2nd quarter. PNC Financial Services Group Inc. now owns 5,568,243 shares of the company’s stock worth $613,064,000 after acquiring an additional 76,455 shares during the last quarter. Commonwealth Equity Services LLC grew its stake in shares of iShares S&P 500 Growth ETF by 1.9% during the 2nd quarter. Commonwealth Equity Services LLC now owns 3,599,847 shares of the company’s stock worth $396,343,000 after acquiring an additional 66,596 shares in the last quarter. Lido Advisors LLC raised its holdings in shares of iShares S&P 500 Growth ETF by 6.4% in the second quarter. Lido Advisors LLC now owns 3,418,138 shares of the company’s stock valued at $376,337,000 after purchasing an additional 205,322 shares during the last quarter. Finally, MML Investors Services LLC lifted its position in shares of iShares S&P 500 Growth ETF by 0.4% in the second quarter. MML Investors Services LLC now owns 3,333,902 shares of the company’s stock worth $367,063,000 after purchasing an additional 13,849 shares in the last quarter.

iShares S&P 500 Growth ETF Trading Down 2.4%

Shares of IVW opened at $120.91 on Wednesday. The stock has a market capitalization of $64.98 billion, a price-to-earnings ratio of 33.33 and a beta of 1.11. iShares S&P 500 Growth ETF has a 12 month low of $79.31 and a 12 month high of $126.61. The firm has a fifty day simple moving average of $122.97 and a 200 day simple moving average of $119.45.

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. The Growth Index is a subset of the S&P 500 and consists of those stocks in the S&P 500 exhibiting the strongest growth characteristics.