iShares S&P 500 Growth ETF $IVW Stake Cut by CoreCap Advisors LLC

CoreCap Advisors LLC cut its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 23.9% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 105,078 shares of the company’s stock after selling 32,924 shares during the period. CoreCap Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $14,949,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Bank of America Corp DE boosted its position in shares of iShares S&P 500 Growth ETF by 6.6% in the 1st quarter. Bank of America Corp DE now owns 19,779,268 shares of the company’s stock worth $2,237,233,000 after purchasing an additional 1,229,382 shares in the last quarter. Wells Fargo & Company MN raised its stake in iShares S&P 500 Growth ETF by 0.5% in the fourth quarter. Wells Fargo & Company MN now owns 15,021,156 shares of the company’s stock valued at $1,851,508,000 after buying an additional 80,216 shares during the last quarter. Cetera Investment Advisers raised its stake in iShares S&P 500 Growth ETF by 5.4% in the first quarter. Cetera Investment Advisers now owns 4,754,617 shares of the company’s stock valued at $537,795,000 after buying an additional 245,310 shares during the last quarter. Lido Advisors LLC raised its stake in iShares S&P 500 Growth ETF by 2.3% in the first quarter. Lido Advisors LLC now owns 3,873,907 shares of the company’s stock valued at $438,178,000 after buying an additional 85,467 shares during the last quarter. Finally, Mariner LLC boosted its holdings in iShares S&P 500 Growth ETF by 1.7% in the fourth quarter. Mariner LLC now owns 3,665,537 shares of the company’s stock worth $451,818,000 after acquiring an additional 61,398 shares in the last quarter.

iShares S&P 500 Growth ETF Price Performance

NYSEARCA IVW traded down $1.80 during trading on Thursday, hitting $144.09. The company’s stock had a trading volume of 2,358,725 shares, compared to its average volume of 3,060,341. iShares S&P 500 Growth ETF has a fifty-two week low of $108.13 and a fifty-two week high of $146.83. The company has a market cap of $79.43 billion, a PE ratio of 33.33 and a beta of 1.17. The business’s 50 day simple moving average is $140.57 and its 200-day simple moving average is $134.44.

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.