Fortis Capital Advisors LLC Has $813,000 Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Fortis Capital Advisors LLC lessened its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 8.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,832 shares of the company’s stock after selling 968 shares during the period. Fortis Capital Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $813,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. JPMorgan Chase & Co. increased its stake 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 buying an additional 229,932 shares during the period. Morgan Stanley grew its stake in iShares S&P 500 Growth ETF by 5.5% during the third quarter. Morgan Stanley now owns 29,378,514 shares of the company’s stock worth $2,010,078,000 after purchasing an additional 1,542,503 shares during the period. Envestnet Asset Management Inc. grew its stake in iShares S&P 500 Growth ETF by 54.8% during the third quarter. Envestnet Asset Management Inc. now owns 21,690,571 shares of the company’s stock worth $1,484,069,000 after purchasing an additional 7,681,845 shares during the period. Jones Financial Companies Lllp grew its stake in iShares S&P 500 Growth ETF by 0.8% during the third quarter. Jones Financial Companies Lllp now owns 17,974,485 shares of the company’s stock worth $1,229,814,000 after purchasing an additional 138,408 shares during the period. Finally, Ameriprise Financial Inc. grew its stake in iShares S&P 500 Growth ETF by 8.2% during the third quarter. Ameriprise Financial Inc. now owns 9,048,951 shares of the company’s stock worth $619,206,000 after purchasing an additional 682,586 shares during the period.

iShares S&P 500 Growth ETF Trading Up 0.9 %

NYSEARCA IVW traded up $0.82 during trading hours on Friday, hitting $87.59. 1,672,623 shares of the company’s stock were exchanged, compared to its average volume of 3,205,482. The stock has a 50-day simple moving average of $83.95 and a 200 day simple moving average of $79.36. iShares S&P 500 Growth ETF has a 1-year low of $65.52 and a 1-year high of $87.98. The firm has a market cap of $45.89 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14.

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.