Arvest Bank Trust Division Reduces Holdings in iShares S&P 500 Growth ETF $IVW

Arvest Bank Trust Division trimmed its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 48.8% in the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 59,991 shares of the company’s stock after selling 57,234 shares during the period. Arvest Bank Trust Division’s holdings in iShares S&P 500 Growth ETF were worth $6,786,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Alpha Financial Partners LLC purchased a new stake in shares of iShares S&P 500 Growth ETF in the 1st quarter valued at $205,000. Pacific Sun Financial Corp grew its holdings in shares of iShares S&P 500 Growth ETF by 2.2% in the first quarter. Pacific Sun Financial Corp now owns 10,208 shares of the company’s stock valued at $1,155,000 after purchasing an additional 224 shares in the last quarter. HORAN Wealth LLC increased its stake in iShares S&P 500 Growth ETF by 100.0% during the 1st quarter. HORAN Wealth LLC now owns 5,934 shares of the company’s stock worth $724,000 after buying an additional 2,967 shares during the period. Stone Loft Wealth Management LLC purchased a new stake in iShares S&P 500 Growth ETF during the 1st quarter worth approximately $330,000. Finally, Glenview Trust Co lifted its holdings in iShares S&P 500 Growth ETF by 5.2% during the 1st quarter. Glenview Trust Co now owns 40,875 shares of the company’s stock worth $4,623,000 after buying an additional 2,009 shares in the last quarter.

iShares S&P 500 Growth ETF Trading Up 1.2%

Shares of NYSEARCA IVW opened at $136.34 on Wednesday. The stock has a market cap of $74.43 billion, a P/E ratio of 33.33 and a beta of 1.17. The business’s fifty day simple moving average is $136.66 and its 200-day simple moving average is $127.22. iShares S&P 500 Growth ETF has a 12-month low of $108.13 and a 12-month high of $141.98.

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.