CIBC Private Wealth Group LLC Decreases Stake in iShares S&P 500 Growth ETF $IVW

CIBC Private Wealth Group LLC decreased its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 11.4% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 78,944 shares of the company’s stock after selling 10,113 shares during the period. CIBC Private Wealth Group LLC’s holdings in iShares S&P 500 Growth ETF were worth $9,530,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the business. Envestnet Asset Management Inc. grew its position in shares of iShares S&P 500 Growth ETF by 0.4% in the third quarter. Envestnet Asset Management Inc. now owns 45,556,746 shares of the company’s stock valued at $5,499,610,000 after purchasing an additional 179,866 shares in the last quarter. UBS Group AG increased its holdings in shares of iShares S&P 500 Growth ETF by 0.9% in the third quarter. UBS Group AG now owns 8,911,282 shares of the company’s stock valued at $1,075,770,000 after purchasing an additional 76,602 shares during the last quarter. Ameriprise Financial Inc. lifted its position in iShares S&P 500 Growth ETF by 6.9% during the second quarter. Ameriprise Financial Inc. now owns 8,499,823 shares of the company’s stock worth $935,874,000 after buying an additional 547,663 shares in the last quarter. Raymond James Financial Inc. boosted its stake in iShares S&P 500 Growth ETF by 1.2% during the third quarter. Raymond James Financial Inc. now owns 4,309,062 shares of the company’s stock worth $520,190,000 after buying an additional 52,514 shares during the last quarter. Finally, Lido Advisors LLC boosted its stake in iShares S&P 500 Growth ETF by 6.5% during the third quarter. Lido Advisors LLC now owns 3,639,449 shares of the company’s stock worth $439,354,000 after buying an additional 221,311 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Down 2.0%

Shares of NYSEARCA:IVW opened at $114.13 on Friday. iShares S&P 500 Growth ETF has a 52-week low of $79.31 and a 52-week high of $126.61. The stock has a market cap of $61.26 billion, a P/E ratio of 33.33 and a beta of 1.11. The business has a fifty day moving average of $120.92 and a two-hundred day moving average of $121.44.

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. 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.