SteelPeak Wealth LLC Sells 26,834 Shares of iShares S&P 500 Growth ETF $IVW

SteelPeak Wealth LLC reduced its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 8.4% in the second quarter, Holdings Channel reports. The firm owned 292,831 shares of the company’s stock after selling 26,834 shares during the period. iShares S&P 500 Growth ETF accounts for approximately 1.2% of SteelPeak Wealth LLC’s holdings, making the stock its 20th largest position. SteelPeak Wealth LLC’s holdings in iShares S&P 500 Growth ETF were worth $32,241,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. boosted 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 buying an additional 2,350,072 shares during the period. LPL Financial LLC grew its stake in iShares S&P 500 Growth ETF by 5.5% in the first quarter. LPL Financial LLC now owns 18,929,345 shares of the company’s stock worth $1,757,211,000 after purchasing an additional 988,955 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in iShares S&P 500 Growth ETF by 4.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 6,639,595 shares of the company’s stock worth $616,354,000 after purchasing an additional 279,859 shares during the period. Commonwealth Equity Services LLC raised its position in iShares S&P 500 Growth ETF by 4.3% during the 1st quarter. Commonwealth Equity Services LLC now owns 3,533,251 shares of the company’s stock valued at $327,992,000 after purchasing an additional 147,169 shares in the last quarter. Finally, Cetera Investment Advisers lifted its holdings in shares of iShares S&P 500 Growth ETF by 7.9% in the 1st quarter. Cetera Investment Advisers now owns 3,465,787 shares of the company’s stock worth $321,729,000 after buying an additional 253,383 shares during the period.

iShares S&P 500 Growth ETF Trading Up 0.5%

IVW opened at $121.64 on Tuesday. The company has a market capitalization of $66.34 billion, a price-to-earnings ratio of 33.33 and a beta of 1.05. iShares S&P 500 Growth ETF has a 12-month low of $79.31 and a 12-month high of $121.92. The business’s fifty day simple moving average is $116.83 and its 200-day simple moving average is $106.64.

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.