iShares S&P 500 Growth ETF $IVW Shares Sold by Bank of America Corp DE

Bank of America Corp DE cut its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1.4% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 18,438,131 shares of the company’s stock after selling 254,434 shares during the period. Bank of America Corp DE owned about 3.40% of iShares S&P 500 Growth ETF worth $2,225,851,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of IVW. Brass Tax Wealth Management Inc. purchased a new stake in iShares S&P 500 Growth ETF during the 3rd quarter worth about $1,662,000. Alliancebernstein L.P. boosted its stake in shares of iShares S&P 500 Growth ETF by 2.0% in the 3rd quarter. Alliancebernstein L.P. now owns 98,186 shares of the company’s stock valued at $11,853,000 after buying an additional 1,912 shares during the period. Creative Planning grew its position in shares of iShares S&P 500 Growth ETF by 1.3% during the third quarter. Creative Planning now owns 650,204 shares of the company’s stock worth $78,493,000 after buying an additional 8,349 shares in the last quarter. 17 Capital Partners LLC grew its position in shares of iShares S&P 500 Growth ETF by 2.4% during the third quarter. 17 Capital Partners LLC now owns 30,860 shares of the company’s stock worth $3,725,000 after buying an additional 735 shares in the last quarter. Finally, Zacks Investment Management purchased a new stake in shares of iShares S&P 500 Growth ETF during the third quarter worth approximately $207,000.

iShares S&P 500 Growth ETF Stock Down 1.0%

Shares of NYSEARCA:IVW opened at $116.72 on Monday. The firm’s 50 day moving average price is $121.67 and its 200 day moving average price is $121.47. The stock has a market cap of $62.66 billion, a price-to-earnings ratio of 33.33 and a beta of 1.11. iShares S&P 500 Growth ETF has a fifty-two week low of $79.31 and a fifty-two week high of $126.61.

iShares S&P 500 Growth ETF Company 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.