iShares S&P 500 Growth ETF $IVW Shares Sold by Avantax Planning Partners Inc.

Avantax Planning Partners Inc. cut its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 3.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 190,149 shares of the company’s stock after selling 6,205 shares during the quarter. iShares S&P 500 Growth ETF comprises approximately 0.7% of Avantax Planning Partners Inc.’s portfolio, making the stock its 25th biggest holding. Avantax Planning Partners Inc.’s holdings in iShares S&P 500 Growth ETF were worth $22,955,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Ameriprise Financial Inc. lifted its holdings in shares of 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 worth $935,874,000 after acquiring an additional 547,663 shares during the period. PNC Financial Services Group Inc. increased its position in iShares S&P 500 Growth ETF by 1.4% during the second quarter. PNC Financial Services Group Inc. now owns 5,568,243 shares of the company’s stock worth $613,064,000 after purchasing an additional 76,455 shares during the last quarter. Commonwealth Equity Services LLC raised its stake in iShares S&P 500 Growth ETF by 1.9% during the second quarter. Commonwealth Equity Services LLC now owns 3,599,847 shares of the company’s stock worth $396,343,000 after purchasing an additional 66,596 shares during the period. Lido Advisors LLC boosted its holdings in shares of iShares S&P 500 Growth ETF by 6.4% in the 2nd quarter. Lido Advisors LLC now owns 3,418,138 shares of the company’s stock valued at $376,337,000 after purchasing an additional 205,322 shares during the last quarter. Finally, MML Investors Services LLC grew its stake in shares of iShares S&P 500 Growth ETF by 0.4% during the 2nd quarter. MML Investors Services LLC now owns 3,333,902 shares of the company’s stock valued at $367,063,000 after buying an additional 13,849 shares during the period.

iShares S&P 500 Growth ETF Stock Up 0.4%

IVW stock opened at $123.52 on Monday. The company has a market cap of $66.28 billion, a price-to-earnings ratio of 33.33 and a beta of 1.11. The business has a fifty day simple moving average of $123.03 and a 200-day simple moving average of $119.71. iShares S&P 500 Growth ETF has a 52 week low of $79.31 and a 52 week high of $126.61.

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.