iShares S&P 500 Growth ETF $IVW Shares Sold by JPMorgan Chase & Co.

JPMorgan Chase & Co. lowered its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 2.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 41,335,848 shares of the company’s stock after selling 1,042,493 shares during the quarter. JPMorgan Chase & Co. owned 7.61% of iShares S&P 500 Growth ETF worth $4,990,064,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of IVW. Kapstone Financial Advisors LLC increased its holdings in iShares S&P 500 Growth ETF by 9.4% during the 3rd quarter. Kapstone Financial Advisors LLC now owns 44,303 shares of the company’s stock worth $5,348,000 after purchasing an additional 3,813 shares during the period. Calton & Associates Inc. boosted its stake in shares of iShares S&P 500 Growth ETF by 10.5% in the 3rd quarter. Calton & Associates Inc. now owns 27,267 shares of the company’s stock valued at $3,292,000 after buying an additional 2,598 shares during the period. EQ LLC grew its position in shares of iShares S&P 500 Growth ETF by 6.8% during the third quarter. EQ LLC now owns 158,933 shares of the company’s stock worth $19,186,000 after buying an additional 10,079 shares in the last quarter. HighTower Advisors LLC increased its stake in shares of iShares S&P 500 Growth ETF by 6.5% during the third quarter. HighTower Advisors LLC now owns 1,998,086 shares of the company’s stock worth $241,211,000 after buying an additional 122,450 shares during the period. Finally, BTC Capital Management Inc. increased its stake in shares of iShares S&P 500 Growth ETF by 7.1% during the third quarter. BTC Capital Management Inc. now owns 53,720 shares of the company’s stock worth $6,485,000 after buying an additional 3,542 shares during the period.

iShares S&P 500 Growth ETF Stock Down 0.4%

Shares of NYSEARCA:IVW opened at $119.01 on Monday. iShares S&P 500 Growth ETF has a fifty-two week low of $79.31 and a fifty-two week high of $126.61. The firm’s 50 day moving average price is $123.20 and its 200 day moving average price is $120.75. The stock has a market cap of $63.88 billion, a price-to-earnings ratio of 33.33 and a beta of 1.11.

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.