US Bancorp DE Sells 251,861 Shares of iShares S&P 500 Growth ETF $IVW

US Bancorp DE cut its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 15.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,350,593 shares of the company’s stock after selling 251,861 shares during the period. US Bancorp DE owned approximately 0.25% of iShares S&P 500 Growth ETF worth $148,700,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Tandem Capital Management Corp ADV bought a new stake in shares of iShares S&P 500 Growth ETF in the second quarter valued at about $204,000. Armstrong Fleming & Moore Inc bought a new stake in shares of iShares S&P 500 Growth ETF in the second quarter valued at about $312,000. Allegiance Financial Group Advisory Services LLC bought a new stake in shares of iShares S&P 500 Growth ETF in the second quarter valued at about $483,000. Schrum Private Wealth Management LLC lifted its holdings in shares of iShares S&P 500 Growth ETF by 10.4% in the second quarter. Schrum Private Wealth Management LLC now owns 3,237 shares of the company’s stock valued at $356,000 after purchasing an additional 305 shares in the last quarter. Finally, Eagle Strategies LLC lifted its holdings in shares of iShares S&P 500 Growth ETF by 1.0% in the second quarter. Eagle Strategies LLC now owns 15,547 shares of the company’s stock valued at $1,712,000 after purchasing an additional 161 shares in the last quarter.

iShares S&P 500 Growth ETF Price Performance

Shares of iShares S&P 500 Growth ETF stock opened at $122.00 on Thursday. The firm has a market cap of $66.53 billion, a price-to-earnings ratio of 33.33 and a beta of 1.05. The stock’s 50-day moving average is $117.13 and its 200-day moving average is $106.84. iShares S&P 500 Growth ETF has a one year low of $79.31 and a one year high of $122.02.

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.