Focus Partners Wealth Has $128.08 Million Stake in iShares S&P 500 Growth ETF $IVW

Focus Partners Wealth lowered its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 0.5% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,060,962 shares of the company’s stock after selling 5,548 shares during the period. Focus Partners Wealth owned approximately 0.20% of iShares S&P 500 Growth ETF worth $128,084,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of the stock. Davis Capital Management bought a new position in iShares S&P 500 Growth ETF during the 3rd quarter worth approximately $28,000. Darwin Wealth Management LLC bought a new stake in iShares S&P 500 Growth ETF in the second quarter valued at approximately $30,000. Howe & Rusling Inc. raised its holdings in iShares S&P 500 Growth ETF by 484.1% in the third quarter. Howe & Rusling Inc. now owns 257 shares of the company’s stock worth $31,000 after purchasing an additional 213 shares during the period. Financial Consulate Inc. acquired a new stake in iShares S&P 500 Growth ETF in the third quarter worth $41,000. Finally, Optiver Holding B.V. bought a new position in shares of iShares S&P 500 Growth ETF during the third quarter worth $46,000.

iShares S&P 500 Growth ETF Stock Down 1.0%

Shares of IVW stock opened at $116.72 on Monday. 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 market capitalization of $62.66 billion, a price-to-earnings ratio of 33.33 and a beta of 1.11. The firm has a fifty day moving average of $121.67 and a 200-day moving average of $121.47.

About iShares S&P 500 Growth ETF

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.