iShares S&P 500 Growth ETF $IVW Shares Sold by Midland Wealth Advisors LLC

Midland Wealth Advisors LLC lessened its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 4.5% in the second quarter, HoldingsChannel reports. The fund owned 480,380 shares of the company’s stock after selling 22,452 shares during the period. iShares S&P 500 Growth ETF accounts for 3.1% of Midland Wealth Advisors LLC’s portfolio, making the stock its 10th largest position. Midland Wealth Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $66,067,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the business. Morgan Stanley raised its stake in iShares S&P 500 Growth ETF by 0.6% in the 4th quarter. Morgan Stanley now owns 33,646,152 shares of the company’s stock worth $4,147,225,000 after purchasing an additional 186,391 shares in the last quarter. LPL Financial LLC grew its position in shares of iShares S&P 500 Growth ETF by 1.8% during the 4th quarter. LPL Financial LLC now owns 19,816,481 shares of the company’s stock worth $2,442,579,000 after purchasing an additional 357,495 shares in the last quarter. Bank of America Corp DE grew its position in shares of iShares S&P 500 Growth ETF by 6.6% during 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 increased its holdings in shares of iShares S&P 500 Growth ETF by 0.5% during the fourth quarter. Wells Fargo & Company MN now owns 15,021,156 shares of the company’s stock worth $1,851,508,000 after purchasing an additional 80,216 shares during the period. Finally, Cetera Investment Advisers increased its holdings in shares of iShares S&P 500 Growth ETF by 5.4% during the first 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.

iShares S&P 500 Growth ETF Trading Down 0.4%

NYSEARCA IVW opened at $141.98 on Friday. iShares S&P 500 Growth ETF has a 1-year low of $108.13 and a 1-year high of $143.26. The company has a 50 day moving average of $136.54 and a 200-day moving average of $128.95. The company has a market cap of $77.51 billion, a price-to-earnings ratio of 33.33 and a beta of 1.17.

iShares S&P 500 Growth ETF Company 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.