First Western Trust Bank Lowers Stock Position in iShares S&P 500 Growth ETF $IVW

First Western Trust Bank trimmed its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 23.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 19,886 shares of the company’s stock after selling 6,080 shares during the quarter. First Western Trust Bank’s holdings in iShares S&P 500 Growth ETF were worth $2,401,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Davis Capital Management purchased a new position in iShares S&P 500 Growth ETF during the 3rd quarter worth $28,000. Darwin Wealth Management LLC purchased a new stake in shares of iShares S&P 500 Growth ETF in the second quarter valued at about $30,000. Howe & Rusling Inc. raised its holdings in shares of iShares S&P 500 Growth ETF by 484.1% in the third quarter. Howe & Rusling Inc. now owns 257 shares of the company’s stock valued at $31,000 after buying an additional 213 shares during the last quarter. Financial Consulate Inc. acquired a new stake in shares of iShares S&P 500 Growth ETF during the third quarter worth about $41,000. Finally, Optiver Holding B.V. acquired a new stake in shares of iShares S&P 500 Growth ETF during the third quarter worth about $46,000.

iShares S&P 500 Growth ETF Stock Down 1.0%

NYSEARCA IVW opened at $116.72 on Monday. The firm has a market cap of $62.66 billion, a P/E ratio of 33.33 and a beta of 1.11. iShares S&P 500 Growth ETF has a 52-week low of $79.31 and a 52-week high of $126.61. The business’s 50-day moving average price is $121.67 and its 200 day moving average price is $121.47.

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.