Parallel Advisors LLC Decreases Stock Position in iShares S&P 500 Growth ETF $IVW

Parallel Advisors LLC decreased its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 18.8% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 74,028 shares of the company’s stock after selling 17,152 shares during the period. Parallel Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $8,373,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the stock. NewEdge Advisors LLC grew its stake in iShares S&P 500 Growth ETF by 4.1% in the first quarter. NewEdge Advisors LLC now owns 1,821,181 shares of the company’s stock worth $205,994,000 after purchasing an additional 71,674 shares in the last quarter. Optiver Holding B.V. acquired a new position in iShares S&P 500 Growth ETF in the first quarter worth $840,000. Blue Edge Capital LLC increased its stake in iShares S&P 500 Growth ETF by 3.4% during the first quarter. Blue Edge Capital LLC now owns 295,201 shares of the company’s stock valued at $33,390,000 after purchasing an additional 9,583 shares during the last quarter. First Nebraska Trust Co acquired a new stake in shares of iShares S&P 500 Growth ETF during the first quarter worth $657,000. Finally, Foguth Wealth Management LLC. raised its holdings in shares of iShares S&P 500 Growth ETF by 51.0% during the first quarter. Foguth Wealth Management LLC. now owns 5,569 shares of the company’s stock worth $630,000 after purchasing an additional 1,881 shares during the period.

iShares S&P 500 Growth ETF Stock Performance

iShares S&P 500 Growth ETF stock opened at $141.24 on Thursday. iShares S&P 500 Growth ETF has a 1 year low of $108.13 and a 1 year high of $143.26. The firm’s 50-day moving average is $136.25 and its 200-day moving average is $128.07. The company has a market cap of $77.11 billion, a P/E ratio of 33.33 and a beta of 1.17.

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.