Per Stirling Capital Management LLC. Trims Stock Position in iShares S&P 500 Growth ETF $IVW

Per Stirling Capital Management LLC. decreased its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 4.9% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 214,460 shares of the company’s stock after selling 11,162 shares during the period. iShares S&P 500 Growth ETF makes up approximately 3.1% of Per Stirling Capital Management LLC.’s holdings, making the stock its 4th largest holding. Per Stirling Capital Management LLC.’s holdings in iShares S&P 500 Growth ETF were worth $25,890,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. The Manufacturers Life Insurance Company increased its position in shares of iShares S&P 500 Growth ETF by 329.5% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 1,708,995 shares of the company’s stock valued at $188,160,000 after purchasing an additional 1,311,063 shares during the last quarter. Thrivent Financial for Lutherans boosted its stake in iShares S&P 500 Growth ETF by 196.9% in the third quarter. Thrivent Financial for Lutherans now owns 1,441,392 shares of the company’s stock worth $174,005,000 after buying an additional 955,862 shares in the last quarter. Laurel Wealth Advisors LLC boosted its stake in iShares S&P 500 Growth ETF by 11,334.7% in the second quarter. Laurel Wealth Advisors LLC now owns 770,011 shares of the company’s stock worth $84,778,000 after buying an additional 763,277 shares in the last quarter. EP Wealth Advisors LLC grew its position in iShares S&P 500 Growth ETF by 487.9% during the second quarter. EP Wealth Advisors LLC now owns 679,544 shares of the company’s stock valued at $74,818,000 after acquiring an additional 563,960 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its position in 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 valued at $935,874,000 after acquiring an additional 547,663 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Performance

IVW stock opened at $117.92 on Friday. The company has a market capitalization of $63.30 billion, a PE ratio of 33.33 and a beta of 1.11. iShares S&P 500 Growth ETF has a one year low of $79.31 and a one year high of $126.61. The company’s 50 day moving average price is $122.15 and its two-hundred day moving average price is $121.23.

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.