iShares S&P 500 Growth ETF $IVW Shares Sold by JPMorgan Chase & Co.

JPMorgan Chase & Co. lessened its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 2.5% during the third quarter, HoldingsChannel reports. The institutional investor owned 41,335,848 shares of the company’s stock after selling 1,042,493 shares during the quarter. JPMorgan Chase & Co. owned 0.08% of iShares S&P 500 Growth ETF worth $4,990,064,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of IVW. Davis Capital Management purchased a new position in shares of iShares S&P 500 Growth ETF during the third quarter worth about $28,000. Darwin Wealth Management LLC purchased a new position in shares of iShares S&P 500 Growth ETF during the 2nd quarter worth approximately $30,000. Howe & Rusling Inc. increased its holdings in shares of iShares S&P 500 Growth ETF by 484.1% in the 3rd quarter. Howe & Rusling Inc. now owns 257 shares of the company’s stock valued at $31,000 after purchasing an additional 213 shares in the last quarter. Financial Consulate Inc. purchased a new stake in iShares S&P 500 Growth ETF during the third quarter worth about $41,000. Finally, Morgan Dempsey Capital Management LLC acquired a new position in iShares S&P 500 Growth ETF during the second quarter worth about $44,000.

iShares S&P 500 Growth ETF Trading Down 0.4%

Shares of iShares S&P 500 Growth ETF stock opened at $119.01 on Monday. The company has a 50-day moving average of $123.20 and a two-hundred day moving average of $120.75. iShares S&P 500 Growth ETF has a 12-month low of $79.31 and a 12-month high of $126.61. The stock has a market cap of $63.88 billion, a PE ratio of 33.33 and a beta of 1.11.

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.