Fifth Third Securities Inc. Decreases Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Fifth Third Securities Inc. trimmed its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 5.0% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 116,807 shares of the company’s stock after selling 6,172 shares during the quarter. iShares S&P 500 Growth ETF comprises about 1.1% of Fifth Third Securities Inc.’s portfolio, making the stock its 21st biggest holding. Fifth Third Securities Inc.’s holdings in iShares S&P 500 Growth ETF were worth $11,184,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Creative Planning increased its position in shares of iShares S&P 500 Growth ETF by 3.3% during the third quarter. Creative Planning now owns 506,415 shares of the company’s stock worth $48,489,000 after purchasing an additional 15,976 shares in the last quarter. Stegner Investment Associates Inc. boosted its stake in iShares S&P 500 Growth ETF by 1.1% during the 3rd quarter. Stegner Investment Associates Inc. now owns 640,708 shares of the company’s stock worth $61,348,000 after purchasing an additional 7,178 shares during the last quarter. Novare Capital Management LLC grew its holdings in shares of iShares S&P 500 Growth ETF by 7.8% during the third quarter. Novare Capital Management LLC now owns 33,402 shares of the company’s stock worth $3,198,000 after buying an additional 2,427 shares in the last quarter. ORG Wealth Partners LLC acquired a new stake in shares of iShares S&P 500 Growth ETF in the third quarter valued at about $66,000. Finally, Accelerate Investment Advisors LLC purchased a new position in shares of iShares S&P 500 Growth ETF in the third quarter worth about $1,214,000.

iShares S&P 500 Growth ETF Trading Up 0.9 %

IVW opened at $97.80 on Tuesday. The firm has a market capitalization of $51.24 billion, a PE ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a twelve month low of $65.53 and a twelve month high of $98.05. The firm’s 50-day moving average price is $92.88 and its 200 day moving average price is $89.80.

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.