iShares S&P 500 Growth ETF $IVW Shares Sold by Park Avenue Securities LLC

Park Avenue Securities LLC cut its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 8.0% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,628,273 shares of the company’s stock after selling 314,711 shares during the quarter. iShares S&P 500 Growth ETF accounts for 3.7% of Park Avenue Securities LLC’s portfolio, making the stock its 5th largest position. Park Avenue Securities LLC’s holdings in iShares S&P 500 Growth ETF were worth $399,473,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. LongView Wealth Management boosted its position in iShares S&P 500 Growth ETF by 0.9% in the 2nd quarter. LongView Wealth Management now owns 10,811 shares of the company’s stock valued at $1,190,000 after buying an additional 94 shares during the last quarter. Cape ANN Savings Bank raised its position in shares of iShares S&P 500 Growth ETF by 4.2% in the 1st quarter. Cape ANN Savings Bank now owns 2,476 shares of the company’s stock valued at $230,000 after purchasing an additional 100 shares in the last quarter. Fulton Bank N.A. boosted its stake in shares of iShares S&P 500 Growth ETF by 2.4% during the 2nd quarter. Fulton Bank N.A. now owns 4,952 shares of the company’s stock valued at $545,000 after buying an additional 116 shares during the last quarter. Silverlake Wealth Management LLC boosted its stake in shares of iShares S&P 500 Growth ETF by 4.5% during the 1st quarter. Silverlake Wealth Management LLC now owns 2,730 shares of the company’s stock valued at $253,000 after buying an additional 117 shares during the last quarter. Finally, Quest 10 Wealth Builders Inc. grew its position in shares of iShares S&P 500 Growth ETF by 6.3% during the first quarter. Quest 10 Wealth Builders Inc. now owns 2,105 shares of the company’s stock worth $195,000 after buying an additional 125 shares in the last quarter.

iShares S&P 500 Growth ETF Price Performance

IVW opened at $120.78 on Friday. iShares S&P 500 Growth ETF has a 12-month low of $79.31 and a 12-month high of $120.92. The stock has a market capitalization of $66.18 billion, a PE ratio of 33.33 and a beta of 1.05. The firm’s fifty day moving average price is $115.04 and its 200 day moving average price is $104.55.

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.