Rehmann Capital Advisory Group Cuts Stock Position in iShares S&P 500 Growth ETF $IVW

Rehmann Capital Advisory Group trimmed its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 0.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,114,316 shares of the company’s stock after selling 6,667 shares during the quarter. iShares S&P 500 Growth ETF comprises about 7.2% of Rehmann Capital Advisory Group’s holdings, making the stock its 2nd biggest position. Rehmann Capital Advisory Group owned 0.21% of iShares S&P 500 Growth ETF worth $138,045,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. Morgan Stanley raised its holdings in shares of iShares S&P 500 Growth ETF by 0.6% during the fourth quarter. Morgan Stanley now owns 33,646,152 shares of the company’s stock valued at $4,147,225,000 after purchasing an additional 186,391 shares during the period. LPL Financial LLC grew its stake in shares of iShares S&P 500 Growth ETF by 1.8% in the 4th quarter. LPL Financial LLC now owns 19,816,481 shares of the company’s stock valued at $2,442,579,000 after buying an additional 357,495 shares during the period. Wells Fargo & Company MN grew its stake in shares of iShares S&P 500 Growth ETF by 0.5% in the 4th quarter. Wells Fargo & Company MN now owns 15,021,156 shares of the company’s stock valued at $1,851,508,000 after buying an additional 80,216 shares during the period. UBS Group AG grew its stake in shares of iShares S&P 500 Growth ETF by 0.9% in the 3rd quarter. UBS Group AG now owns 8,911,282 shares of the company’s stock valued at $1,075,770,000 after buying an additional 76,602 shares during the period. Finally, Cetera Investment Advisers increased its position in iShares S&P 500 Growth ETF by 3.4% in the 4th quarter. Cetera Investment Advisers now owns 4,509,307 shares of the company’s stock valued at $555,817,000 after buying an additional 146,739 shares in the last quarter.

iShares S&P 500 Growth ETF Price Performance

Shares of iShares S&P 500 Growth ETF stock opened at $137.96 on Friday. The business has a 50-day simple moving average of $133.56 and a 200 day simple moving average of $125.28. iShares S&P 500 Growth ETF has a one year low of $104.21 and a one year high of $141.98. The firm has a market capitalization of $74.77 billion, a price-to-earnings 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.