Huntington National Bank Lowers Stock Holdings in iShares S&P 500 Growth ETF $IVW

Huntington National Bank cut its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 4.9% during the fourth quarter, Holdings Channel reports. The institutional investor owned 1,450,804 shares of the company’s stock after selling 74,983 shares during the quarter. iShares S&P 500 Growth ETF comprises 1.1% of Huntington National Bank’s investment portfolio, making the stock its 20th biggest holding. Huntington National Bank’s holdings in iShares S&P 500 Growth ETF were worth $178,826,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently modified their holdings of IVW. United Bank boosted its stake in shares of 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 valued at $5,736,000 after buying an additional 2,280 shares in the last quarter. Schnieders Capital Management LLC. purchased a new stake in shares of iShares S&P 500 Growth ETF in the second quarter valued at approximately $600,000. Russell Investments Group Ltd. boosted its stake in shares of iShares S&P 500 Growth ETF by 13.4% in the second quarter. Russell Investments Group Ltd. now owns 5,992 shares of the company’s stock valued at $660,000 after buying an additional 707 shares in the last quarter. First Trust Advisors LP boosted its stake in shares of iShares S&P 500 Growth ETF by 15.4% in the second quarter. First Trust Advisors LP now owns 31,834 shares of the company’s stock valued at $3,505,000 after buying an additional 4,238 shares in the last quarter. Finally, Flow Traders U.S. LLC purchased a new stake in shares of iShares S&P 500 Growth ETF in the second quarter valued at approximately $244,000.

iShares S&P 500 Growth ETF Price Performance

iShares S&P 500 Growth ETF stock opened at $138.32 on Thursday. iShares S&P 500 Growth ETF has a 1-year low of $102.32 and a 1-year high of $139.10. The company has a market cap of $74.96 billion, a PE ratio of 33.33 and a beta of 1.17. The stock’s 50 day moving average price is $125.81 and its 200 day moving average price is $123.40.

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.