iShares S&P 500 Growth ETF $IVW Position Trimmed by Goelzer Investment Management Inc.

Goelzer Investment Management Inc. lowered its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 85.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 8,214 shares of the company’s stock after selling 50,016 shares during the quarter. Goelzer Investment Management Inc.’s holdings in iShares S&P 500 Growth ETF were worth $1,169,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in IVW. Bank of America Corp DE lifted its holdings 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 acquiring an additional 1,229,382 shares during the last quarter. Cetera Investment Advisers boosted its stake in shares of iShares S&P 500 Growth ETF by 5.4% during the 1st quarter. Cetera Investment Advisers now owns 4,754,617 shares of the company’s stock worth $537,795,000 after purchasing an additional 245,310 shares during the period. Lido Advisors LLC boosted its stake in shares of iShares S&P 500 Growth ETF by 2.3% during the 1st quarter. Lido Advisors LLC now owns 3,873,907 shares of the company’s stock worth $438,178,000 after purchasing an additional 85,467 shares during the period. Royal Bank of Canada grew its holdings in iShares S&P 500 Growth ETF by 5.8% during the 1st quarter. Royal Bank of Canada now owns 3,539,621 shares of the company’s stock valued at $400,576,000 after purchasing an additional 193,529 shares during the last quarter. Finally, Janney Montgomery Scott LLC grew its holdings in iShares S&P 500 Growth ETF by 9.6% during the 1st quarter. Janney Montgomery Scott LLC now owns 2,416,574 shares of the company’s stock valued at $273,339,000 after purchasing an additional 211,952 shares during the last quarter.

iShares S&P 500 Growth ETF Price Performance

iShares S&P 500 Growth ETF stock opened at $138.93 on Friday. iShares S&P 500 Growth ETF has a 1-year low of $108.13 and a 1-year high of $146.83. The firm has a market capitalization of $76.86 billion, a P/E ratio of 33.33 and a beta of 1.17. The company’s 50-day moving average is $141.13 and its 200 day moving average is $135.73.

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.