iShares S&P 500 Growth ETF $IVW Shares Sold by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC lowered its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 4.2% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 181,999 shares of the company’s stock after selling 7,931 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $20,586,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Focus Partners Wealth boosted its position in shares of iShares S&P 500 Growth ETF by 81.0% during the 4th quarter. Focus Partners Wealth now owns 1,920,546 shares of the company’s stock valued at $236,725,000 after purchasing an additional 859,584 shares in the last quarter. Valpey Financial Services LLC raised its holdings in shares of iShares S&P 500 Growth ETF by 11,889.3% in the 4th quarter. Valpey Financial Services LLC now owns 712,286 shares of the company’s stock worth $87,796,000 after purchasing an additional 706,345 shares in the last quarter. Align Financial LLC bought a new stake in shares of iShares S&P 500 Growth ETF in the 4th quarter worth approximately $49,180,000. MML Investors Services LLC lifted its stake in iShares S&P 500 Growth ETF by 10.9% during the fourth quarter. MML Investors Services LLC now owns 3,645,204 shares of the company’s stock valued at $449,308,000 after purchasing an additional 358,496 shares during the last quarter. Finally, LPL Financial LLC lifted its stake in iShares S&P 500 Growth ETF by 1.8% during the fourth quarter. LPL Financial LLC now owns 19,816,481 shares of the company’s stock valued at $2,442,579,000 after purchasing an additional 357,495 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Up 0.6%

NYSEARCA:IVW traded up $0.82 during trading hours on Friday, reaching $138.59. 1,005,223 shares of the company’s stock were exchanged, compared to its average volume of 3,851,213. The company has a market capitalization of $75.49 billion, a P/E 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 $141.98. The business’s 50-day simple moving average is $136.32 and its two-hundred day simple moving average is $126.62.

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.