iShares S&P 500 Growth ETF $IVW Shares Sold by Private Advisor Group LLC

Private Advisor Group LLC lessened its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 2.7% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 672,804 shares of the company’s stock after selling 18,852 shares during the quarter. Private Advisor Group LLC’s holdings in iShares S&P 500 Growth ETF were worth $81,221,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Envestnet Asset Management Inc. raised its position in shares of iShares S&P 500 Growth ETF by 0.4% during the 3rd quarter. Envestnet Asset Management Inc. now owns 45,556,746 shares of the company’s stock worth $5,499,610,000 after buying an additional 179,866 shares in the last quarter. Ameriprise Financial Inc. boosted its holdings in shares of iShares S&P 500 Growth ETF by 6.9% in the second quarter. Ameriprise Financial Inc. now owns 8,499,823 shares of the company’s stock valued at $935,874,000 after acquiring an additional 547,663 shares in the last quarter. PNC Financial Services Group Inc. boosted its holdings in shares of iShares S&P 500 Growth ETF by 1.4% in the second quarter. PNC Financial Services Group Inc. now owns 5,568,243 shares of the company’s stock valued at $613,064,000 after acquiring an additional 76,455 shares in the last quarter. Lido Advisors LLC increased its stake in shares of iShares S&P 500 Growth ETF by 6.4% during the second quarter. Lido Advisors LLC now owns 3,418,138 shares of the company’s stock valued at $376,337,000 after acquiring an additional 205,322 shares during the period. Finally, MML Investors Services LLC increased its stake in shares of iShares S&P 500 Growth ETF by 0.4% during the second quarter. MML Investors Services LLC now owns 3,333,902 shares of the company’s stock valued at $367,063,000 after acquiring an additional 13,849 shares during the period.

iShares S&P 500 Growth ETF Price Performance

Shares of NYSEARCA:IVW opened at $117.92 on Monday. The stock has a market cap of $63.30 billion, a price-to-earnings ratio of 33.33 and a beta of 1.11. iShares S&P 500 Growth ETF has a 12 month low of $79.31 and a 12 month high of $126.61. The stock’s 50 day moving average price is $122.15 and its 200 day moving average price is $121.33.

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. 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.