Invst LLC Trims Stock Holdings in iShares S&P 500 Growth ETF $IVW

Invst LLC reduced its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 40.6% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 141,699 shares of the company’s stock after selling 96,916 shares during the period. iShares S&P 500 Growth ETF makes up approximately 1.8% of Invst LLC’s portfolio, making the stock its 12th biggest position. Invst LLC’s holdings in iShares S&P 500 Growth ETF were worth $13,154,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Envestnet Asset Management Inc. grew its position in iShares S&P 500 Growth ETF by 5.1% in the 1st quarter. Envestnet Asset Management Inc. now owns 48,079,544 shares of the company’s stock valued at $4,463,224,000 after acquiring an additional 2,350,072 shares in the last quarter. Sofi Wealth LLC grew its position in iShares S&P 500 Growth ETF by 4,023.6% in the 1st quarter. Sofi Wealth LLC now owns 1,857,008 shares of the company’s stock valued at $172,386,000 after acquiring an additional 1,811,974 shares in the last quarter. Liberty Wealth Management LLC grew its position in iShares S&P 500 Growth ETF by 489.6% in the 1st quarter. Liberty Wealth Management LLC now owns 1,363,876 shares of the company’s stock valued at $126,609,000 after acquiring an additional 1,132,541 shares in the last quarter. LPL Financial LLC grew its position in iShares S&P 500 Growth ETF by 5.5% in the 1st quarter. LPL Financial LLC now owns 18,929,345 shares of the company’s stock valued at $1,757,211,000 after acquiring an additional 988,955 shares in the last quarter. Finally, Pinkerton Retirement Specialists LLC grew its position in iShares S&P 500 Growth ETF by 192.5% in the 1st quarter. Pinkerton Retirement Specialists LLC now owns 1,135,349 shares of the company’s stock valued at $105,394,000 after acquiring an additional 747,194 shares in the last quarter.

iShares S&P 500 Growth ETF Price Performance

NYSEARCA IVW opened at $118.87 on Friday. The company has a market cap of $65.13 billion, a P/E ratio of 33.33 and a beta of 1.05. The stock has a 50-day moving average of $113.93 and a two-hundred day moving average of $103.69. iShares S&P 500 Growth ETF has a 1-year low of $79.31 and a 1-year high of $119.01.

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.