Sequoia Financial Advisors LLC Has $23.41 Million Position in iShares S&P 500 Growth ETF $IVW

Sequoia Financial Advisors LLC decreased its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 25.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 189,930 shares of the company’s stock after selling 64,550 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $23,411,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IVW. First Horizon Corp acquired a new position in shares of iShares S&P 500 Growth ETF during the 3rd quarter worth about $4,237,000. Atria Investments Inc boosted its stake in iShares S&P 500 Growth ETF by 4.6% during the third quarter. Atria Investments Inc now owns 457,419 shares of the company’s stock worth $55,220,000 after buying an additional 19,917 shares in the last quarter. Clark Financial Services Group Inc. BD boosted its position in shares of iShares S&P 500 Growth ETF by 38.7% during the 3rd quarter. Clark Financial Services Group Inc. BD now owns 109,021 shares of the company’s stock valued at $13,161,000 after acquiring an additional 30,407 shares in the last quarter. Fortis Capital Advisors LLC grew its stake in shares of iShares S&P 500 Growth ETF by 58.9% in the 3rd quarter. Fortis Capital Advisors LLC now owns 18,152 shares of the company’s stock valued at $2,191,000 after purchasing an additional 6,732 shares during the period. Finally, Great Point Wealth Advisors LLC bought a new stake in iShares S&P 500 Growth ETF in the third quarter valued at $4,409,000.

iShares S&P 500 Growth ETF Stock Up 2.2%

Shares of iShares S&P 500 Growth ETF stock opened at $134.32 on Thursday. The stock has a market capitalization of $72.79 billion, a P/E ratio of 33.33 and a beta of 1.17. The company has a 50-day simple moving average of $120.68 and a 200 day simple moving average of $121.99. iShares S&P 500 Growth ETF has a 12-month low of $95.32 and a 12-month high of $134.44.

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. 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.