iShares S&P 500 Growth ETF $IVW Shares Sold by Asset Management Group Inc.

Asset Management Group Inc. cut its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 10.7% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 36,890 shares of the company’s stock after selling 4,398 shares during the quarter. Asset Management Group Inc.’s holdings in iShares S&P 500 Growth ETF were worth $4,173,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of IVW. Morgan Stanley boosted its position in shares of iShares S&P 500 Growth ETF by 0.6% in the 4th 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 raised its holdings in shares of iShares S&P 500 Growth ETF by 1.8% during the fourth quarter. LPL Financial LLC now owns 19,816,481 shares of the company’s stock valued at $2,442,579,000 after acquiring an additional 357,495 shares during the period. Wells Fargo & Company MN raised its holdings in shares of iShares S&P 500 Growth ETF by 0.5% during the fourth quarter. Wells Fargo & Company MN now owns 15,021,156 shares of the company’s stock valued at $1,851,508,000 after acquiring an additional 80,216 shares during the period. Cetera Investment Advisers raised its holdings in shares of iShares S&P 500 Growth ETF by 5.4% during the first quarter. Cetera Investment Advisers now owns 4,754,617 shares of the company’s stock valued at $537,795,000 after acquiring an additional 245,310 shares during the period. Finally, Raymond James Financial Inc. lifted its position in shares of iShares S&P 500 Growth ETF by 1.1% in the 4th quarter. Raymond James Financial Inc. now owns 4,354,800 shares of the company’s stock valued at $536,773,000 after acquiring an additional 45,738 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Performance

iShares S&P 500 Growth ETF stock opened at $132.83 on Friday. The company has a 50 day moving average price of $136.45 and a 200 day moving average price of $127.42. iShares S&P 500 Growth ETF has a 52 week low of $108.13 and a 52 week high of $141.98. The firm has a market capitalization of $72.44 billion, a price-to-earnings ratio of 33.33 and a beta of 1.17.

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.