Allworth Financial LP Has $35.85 Million Position in iShares S&P 500 Growth ETF $IVW

Allworth Financial LP decreased its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 49.5% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 260,671 shares of the company’s stock after selling 255,896 shares during the quarter. Allworth Financial LP’s holdings in iShares S&P 500 Growth ETF were worth $35,850,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Strive Financial Group LLC bought a new stake in iShares S&P 500 Growth ETF in the fourth quarter valued at approximately $26,000. Financial Network Wealth Advisors LLC raised its position in iShares S&P 500 Growth ETF by 174.4% in the fourth quarter. Financial Network Wealth Advisors LLC now owns 225 shares of the company’s stock valued at $28,000 after purchasing an additional 143 shares during the last quarter. Turning Point Benefit Group Inc. acquired a new stake in iShares S&P 500 Growth ETF in the third quarter valued at $28,000. Darwin Wealth Management LLC bought a new position in iShares S&P 500 Growth ETF during the 2nd quarter worth approximately $30,000. Finally, Entrust Financial LLC bought a new stake in iShares S&P 500 Growth ETF during the fourth quarter valued at $33,000.

iShares S&P 500 Growth ETF Trading Down 0.5%

IVW stock traded down $0.73 during mid-day trading on Tuesday, reaching $139.82. The company’s stock had a trading volume of 1,228,709 shares, compared to its average volume of 3,238,080. The business’s 50 day moving average price is $137.90 and its 200 day moving average price is $130.98. The company has a market cap of $76.33 billion, a price-to-earnings ratio of 33.33 and a beta of 1.17. iShares S&P 500 Growth ETF has a 12 month low of $108.13 and a 12 month high of $143.26.

iShares S&P 500 Growth ETF Company 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.