Evergreen Capital Management LLC Sells 9,778 Shares of iShares S&P 500 Growth ETF $IVW

Evergreen Capital Management LLC decreased its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 11.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 79,056 shares of the company’s stock after selling 9,778 shares during the quarter. Evergreen Capital Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $8,704,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in IVW. The Manufacturers Life Insurance Company raised its stake in shares of iShares S&P 500 Growth ETF by 329.5% during the second quarter. The Manufacturers Life Insurance Company now owns 1,708,995 shares of the company’s stock worth $188,160,000 after acquiring an additional 1,311,063 shares in the last quarter. Laurel Wealth Advisors LLC lifted its holdings in iShares S&P 500 Growth ETF by 11,334.7% in the second quarter. Laurel Wealth Advisors LLC now owns 770,011 shares of the company’s stock worth $84,778,000 after buying an additional 763,277 shares during the period. Ascent Group LLC raised its holdings in iShares S&P 500 Growth ETF by 341.5% in the first quarter. Ascent Group LLC now owns 806,123 shares of the company’s stock worth $74,832,000 after purchasing an additional 623,555 shares in the last quarter. EP Wealth Advisors LLC boosted its stake in iShares S&P 500 Growth ETF by 487.9% during the second quarter. EP Wealth Advisors LLC now owns 679,544 shares of the company’s stock worth $74,818,000 after acquiring an additional 563,960 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its position in iShares S&P 500 Growth ETF by 6.9% during the 2nd quarter. Ameriprise Financial Inc. now owns 8,499,823 shares of the company’s stock valued at $935,874,000 after buying an additional 547,663 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Performance

Shares of IVW stock opened at $122.39 on Friday. The company has a market capitalization of $66.44 billion, a price-to-earnings ratio of 33.33 and a beta of 1.11. The company’s 50-day moving average is $122.29 and its 200 day moving average is $116.12. iShares S&P 500 Growth ETF has a one year low of $79.31 and a one year 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.