RKL Wealth Management LLC Sells 12,670 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

RKL Wealth Management LLC decreased its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVWFree Report) by 11.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 101,936 shares of the company’s stock after selling 12,670 shares during the period. iShares S&P 500 Growth ETF comprises about 0.9% of RKL Wealth Management LLC’s investment portfolio, making the stock its 24th biggest position. RKL Wealth Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $9,760,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Envestnet Asset Management Inc. raised its position in iShares S&P 500 Growth ETF by 47.0% during the second quarter. Envestnet Asset Management Inc. now owns 49,022,359 shares of the company’s stock valued at $4,536,529,000 after purchasing an additional 15,673,824 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of iShares S&P 500 Growth ETF by 1.5% during the 1st quarter. JPMorgan Chase & Co. now owns 46,660,015 shares of the company’s stock valued at $3,939,972,000 after purchasing an additional 709,113 shares during the last quarter. LPL Financial LLC raised its holdings in shares of iShares S&P 500 Growth ETF by 35.2% during the 2nd quarter. LPL Financial LLC now owns 15,426,906 shares of the company’s stock valued at $1,427,606,000 after buying an additional 4,015,007 shares in the last quarter. Ameriprise Financial Inc. lifted its position in iShares S&P 500 Growth ETF by 6.8% in the 2nd quarter. Ameriprise Financial Inc. now owns 7,363,062 shares of the company’s stock worth $680,575,000 after buying an additional 467,356 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. lifted its position in iShares S&P 500 Growth ETF by 60.6% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 6,371,552 shares of the company’s stock worth $589,623,000 after buying an additional 2,404,544 shares during the last quarter.

iShares S&P 500 Growth ETF Price Performance

Shares of NYSEARCA IVW opened at $101.14 on Friday. The stock has a market capitalization of $52.99 billion, a P/E ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a one year low of $69.67 and a one year high of $101.36. The firm’s 50 day simple moving average is $95.27 and its two-hundred day simple moving average is $91.62.

iShares S&P 500 Growth ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for iShares S&P 500 Growth ETF (NYSEARCA:IVW)

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