Mission Wealth Management LP Has $2.93 Million Stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Mission Wealth Management LP trimmed its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 2.6% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 39,002 shares of the company’s stock after selling 1,021 shares during the period. Mission Wealth Management LP’s holdings in iShares S&P 500 Growth ETF were worth $2,929,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of IVW. JPMorgan Chase & Co. grew its position in shares of iShares S&P 500 Growth ETF by 0.5% in the third quarter. JPMorgan Chase & Co. now owns 43,367,674 shares of the company’s stock valued at $2,967,216,000 after purchasing an additional 229,932 shares during the last quarter. Morgan Stanley grew its position in shares of iShares S&P 500 Growth ETF by 5.5% in the third quarter. Morgan Stanley now owns 29,378,514 shares of the company’s stock valued at $2,010,078,000 after purchasing an additional 1,542,503 shares during the last quarter. Envestnet Asset Management Inc. grew its position in shares of iShares S&P 500 Growth ETF by 54.8% in the third quarter. Envestnet Asset Management Inc. now owns 21,690,571 shares of the company’s stock valued at $1,484,069,000 after purchasing an additional 7,681,845 shares during the last quarter. Jones Financial Companies Lllp grew its position in shares of iShares S&P 500 Growth ETF by 0.8% in the third quarter. Jones Financial Companies Lllp now owns 17,974,485 shares of the company’s stock valued at $1,229,814,000 after purchasing an additional 138,408 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its position in shares of iShares S&P 500 Growth ETF by 8.2% in the third quarter. Ameriprise Financial Inc. now owns 9,048,951 shares of the company’s stock valued at $619,206,000 after purchasing an additional 682,586 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Down 1.8 %

IVW stock opened at $81.24 on Wednesday. iShares S&P 500 Growth ETF has a twelve month low of $63.19 and a twelve month high of $85.56. The company has a market cap of $42.42 billion, a PE ratio of 27.41 and a beta of 1.12. The business’s 50-day simple moving average is $83.08 and its 200 day simple moving average is $77.29.

About iShares S&P 500 Growth ETF

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.