iShares S&P 500 Growth ETF $IVW Shares Sold by M&T Bank Corp

M&T Bank Corp lessened its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 3.2% during the 3rd quarter, HoldingsChannel reports. The firm owned 4,116,504 shares of the company’s stock after selling 133,928 shares during the quarter. iShares S&P 500 Growth ETF accounts for about 1.7% of M&T Bank Corp’s investment portfolio, making the stock its 14th biggest holding. M&T Bank Corp’s holdings in iShares S&P 500 Growth ETF were worth $496,945,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in IVW. Embree Financial Group grew its position in shares of iShares S&P 500 Growth ETF by 358.1% during the 3rd quarter. Embree Financial Group now owns 38,283 shares of the company’s stock valued at $4,621,000 after acquiring an additional 29,926 shares during the period. First Horizon Corp acquired a new position in iShares S&P 500 Growth ETF in the 3rd quarter worth about $4,237,000. Atria Investments Inc grew its holdings in iShares S&P 500 Growth ETF by 4.6% in the third quarter. Atria Investments Inc now owns 457,419 shares of the company’s stock valued at $55,220,000 after purchasing an additional 19,917 shares during the period. Clark Financial Services Group Inc. BD grew its holdings in iShares S&P 500 Growth ETF by 38.7% in the third quarter. Clark Financial Services Group Inc. BD now owns 109,021 shares of the company’s stock valued at $13,161,000 after purchasing an additional 30,407 shares during the period. Finally, Fortis Capital Advisors LLC grew its holdings in iShares S&P 500 Growth ETF by 58.9% in the third quarter. Fortis Capital Advisors LLC now owns 18,152 shares of the company’s stock valued at $2,191,000 after purchasing an additional 6,732 shares during the period.

iShares S&P 500 Growth ETF Price Performance

iShares S&P 500 Growth ETF stock opened at $116.72 on Friday. The stock has a market capitalization of $62.66 billion, a PE ratio of 33.33 and a beta of 1.11. The business has a 50 day simple moving average of $121.67 and a 200-day simple moving average of $121.39. iShares S&P 500 Growth ETF has a 12 month low of $79.31 and a 12 month high of $126.61.

iShares S&P 500 Growth ETF 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. 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.