iShares S&P 500 Growth ETF $IVW Stock Holdings Lessened by Probity Advisors Inc.

Probity Advisors Inc. cut its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1.4% during the third quarter, Holdings Channel reports. The firm owned 483,040 shares of the company’s stock after selling 6,615 shares during the quarter. iShares S&P 500 Growth ETF makes up approximately 9.7% of Probity Advisors Inc.’s portfolio, making the stock its largest holding. Probity Advisors Inc.’s holdings in iShares S&P 500 Growth ETF were worth $68,717,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Bank of America Corp DE lifted its holdings in shares of iShares S&P 500 Growth ETF by 6.6% during the first quarter. Bank of America Corp DE now owns 19,779,268 shares of the company’s stock valued at $2,237,233,000 after purchasing an additional 1,229,382 shares during the last quarter. Calamos Advisors LLC increased its stake in iShares S&P 500 Growth ETF by 2,637.2% in the 1st quarter. Calamos Advisors LLC now owns 1,168,503 shares of the company’s stock worth $132,169,000 after purchasing an additional 1,125,813 shares in the last quarter. Fifth Third Bancorp increased its stake in iShares S&P 500 Growth ETF by 131.3% in the 1st quarter. Fifth Third Bancorp now owns 1,497,810 shares of the company’s stock worth $169,417,000 after purchasing an additional 850,349 shares in the last quarter. Cetera Investment Advisers increased its stake in iShares S&P 500 Growth ETF by 5.4% in 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 in the last quarter. Finally, Janney Montgomery Scott LLC raised 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 worth $273,339,000 after buying an additional 211,952 shares during the period.

iShares S&P 500 Growth ETF Stock Performance

NYSEARCA IVW opened at $136.48 on Monday. The stock’s 50-day moving average price is $140.85 and its two-hundred day moving average price is $136.79. The company has a market cap of $75.44 billion, a PE ratio of 33.33 and a beta of 1.17. iShares S&P 500 Growth ETF has a 1 year low of $108.13 and a 1 year high of $146.83.

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.