Next Capital Management LLC trimmed its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 10.3% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,588 shares of the company’s stock after selling 875 shares during the period. iShares S&P 500 Growth ETF comprises 1.1% of Next Capital Management LLC’s investment portfolio, making the stock its 24th largest position. Next Capital Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $1,308,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in IVW. JPMorgan Chase & Co. increased its stake in shares of iShares S&P 500 Growth ETF by 1.5% in the third quarter. JPMorgan Chase & Co. now owns 643,842 shares of the company’s stock worth $114,069,000 after buying an additional 9,325 shares during the last quarter. Thrivent Financial for Lutherans increased its stake in shares of iShares S&P 500 Growth ETF by 20.1% in the third quarter. Thrivent Financial for Lutherans now owns 29,906 shares of the company’s stock worth $5,299,000 after buying an additional 4,997 shares during the last quarter. Glenmede Trust Co. NA bought a new stake in shares of iShares S&P 500 Growth ETF in the third quarter worth $3,446,000. Koshinski Asset Management Inc. increased its stake in shares of iShares S&P 500 Growth ETF by 142.5% in the third quarter. Koshinski Asset Management Inc. now owns 3,584 shares of the company’s stock worth $635,000 after buying an additional 2,106 shares during the last quarter. Finally, B. Riley Wealth Management Inc. bought a new stake in shares of iShares S&P 500 Growth ETF in the third quarter worth $1,090,000.

IVW stock opened at $175.80 on Monday. iShares S&P 500 Growth ETF has a 1-year low of $140.49 and a 1-year high of $178.61.

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 26th. Shareholders of record on Thursday, March 21st were given a dividend of $0.5871 per share. This is a positive change from iShares S&P 500 Growth ETF’s previous quarterly dividend of $0.51. The ex-dividend date of this dividend was Wednesday, March 20th. This represents a $2.35 annualized dividend and a dividend yield of 1.34%.

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iShares S&P 500 Growth ETF 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.

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Institutional Ownership by Quarter for iShares S&P 500 Growth ETF (NYSEARCA:IVW)

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