World Investment Advisors lowered its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW – Free Report) by 27.3% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 530,908 shares of the company’s stock after selling 199,082 shares during the period. iShares S&P 500 Growth ETF makes up 1.0% of World Investment Advisors’ holdings, making the stock its 10th biggest holding. World Investment Advisors owned approximately 0.10% of iShares S&P 500 Growth ETF worth $65,440,000 as of its most recent SEC filing.
Several other large investors also recently bought and sold shares of the stock. United Bank lifted its stake in iShares S&P 500 Growth ETF by 4.6% in the second quarter. United Bank now owns 52,096 shares of the company’s stock worth $5,736,000 after acquiring an additional 2,280 shares during the last quarter. Schnieders Capital Management LLC. purchased a new stake in shares of iShares S&P 500 Growth ETF during the 2nd quarter worth $600,000. Nordwand Advisors LLC purchased a new stake in shares of iShares S&P 500 Growth ETF during the 2nd quarter worth $258,000. United Advisor Group LLC raised its stake in iShares S&P 500 Growth ETF by 11.9% in the second quarter. United Advisor Group LLC now owns 4,946 shares of the company’s stock valued at $545,000 after buying an additional 527 shares in the last quarter. Finally, Inspire Advisors LLC raised its stake in iShares S&P 500 Growth ETF by 6.8% in the second quarter. Inspire Advisors LLC now owns 3,827 shares of the company’s stock valued at $421,000 after buying an additional 242 shares in the last quarter.
iShares S&P 500 Growth ETF Price Performance
Shares of NYSEARCA IVW opened at $116.86 on Thursday. The business has a 50-day moving average of $121.28 and a two-hundred day moving average of $121.48. The company has a market capitalization of $62.73 billion, a price-to-earnings ratio of 33.33 and a beta of 1.11. iShares S&P 500 Growth ETF has a 1 year low of $79.31 and a 1 year high of $126.61.
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.
Recommended Stories
Want to see what other hedge funds are holding IVW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares S&P 500 Growth ETF (NYSEARCA:IVW – Free Report).
Receive News & Ratings for iShares S&P 500 Growth ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares S&P 500 Growth ETF and related companies with MarketBeat.com's FREE daily email newsletter.
