Bank of Montreal Can Sells 5,939 Shares of iShares S&P 500 Growth ETF $IVW

Bank of Montreal Can reduced its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 554,145 shares of the company’s stock after selling 5,939 shares during the period. Bank of Montreal Can owned 0.10% of iShares S&P 500 Growth ETF worth $66,896,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in IVW. Russell Investments Group Ltd. grew its position in shares of iShares S&P 500 Growth ETF by 27.2% during the 3rd quarter. Russell Investments Group Ltd. now owns 7,624 shares of the company’s stock worth $920,000 after buying an additional 1,632 shares during the period. Gerber Kawasaki Wealth & Investment Management lifted its position in shares of iShares S&P 500 Growth ETF by 0.7% during the 3rd quarter. Gerber Kawasaki Wealth & Investment Management now owns 11,647 shares of the company’s stock valued at $1,406,000 after acquiring an additional 86 shares during the period. PFG Advisors bought a new position in iShares S&P 500 Growth ETF during the third quarter worth $4,397,000. Diversify Advisory Services LLC grew its holdings in iShares S&P 500 Growth ETF by 85.1% in the third quarter. Diversify Advisory Services LLC now owns 60,450 shares of the company’s stock worth $7,579,000 after purchasing an additional 27,794 shares during the period. Finally, Rathbones Group PLC grew its holdings in iShares S&P 500 Growth ETF by 22.4% in the third quarter. Rathbones Group PLC now owns 20,200 shares of the company’s stock worth $2,439,000 after purchasing an additional 3,700 shares during the period.

iShares S&P 500 Growth ETF Trading Down 1.7%

Shares of NYSEARCA IVW opened at $117.89 on Friday. The firm has a market capitalization of $63.28 billion, a P/E ratio of 33.33 and a beta of 1.11. The firm’s 50-day moving average price is $121.80 and its 200-day moving average price is $121.38. iShares S&P 500 Growth ETF has a 1-year low of $79.31 and a 1-year 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.