Eastern Bank Sells 1,314 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Eastern Bank lowered its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 2.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 43,906 shares of the company’s stock after selling 1,314 shares during the period. Eastern Bank’s holdings in iShares S&P 500 Growth ETF were worth $4,458,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Davis Capital Management increased its position in shares of iShares S&P 500 Growth ETF by 78.4% during the third quarter. Davis Capital Management now owns 412 shares of the company’s stock valued at $39,000 after acquiring an additional 181 shares during the last quarter. Element Wealth LLC boosted its holdings in shares of iShares S&P 500 Growth ETF by 31.1% in the third quarter. Element Wealth LLC now owns 577 shares of the company’s stock worth $55,000 after acquiring an additional 137 shares during the period. Valued Wealth Advisors LLC boosted its holdings in shares of iShares S&P 500 Growth ETF by 160.2% in the third quarter. Valued Wealth Advisors LLC now owns 601 shares of the company’s stock worth $58,000 after acquiring an additional 370 shares during the period. Copley Financial Group Inc. bought a new position in shares of iShares S&P 500 Growth ETF in the third quarter worth $64,000. Finally, ORG Wealth Partners LLC bought a new stake in iShares S&P 500 Growth ETF during the third quarter valued at $66,000.

iShares S&P 500 Growth ETF Stock Down 0.6 %

NYSEARCA:IVW traded down $0.60 during trading hours on Monday, hitting $100.48. 1,685,861 shares of the company’s stock traded hands, compared to its average volume of 2,001,066. The business’s fifty day simple moving average is $101.81 and its two-hundred day simple moving average is $96.42. iShares S&P 500 Growth ETF has a 52 week low of $74.61 and a 52 week high of $105.64. The firm has a market cap of $52.64 billion, a P/E ratio of 28.52 and a beta of 1.14.

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.