DT Investment Partners LLC Lowers Stock Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

DT Investment Partners LLC trimmed its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 18.8% during the 4th quarter, HoldingsChannel.com reports. The firm owned 155,923 shares of the company’s stock after selling 36,150 shares during the quarter. iShares S&P 500 Growth ETF makes up 1.3% of DT Investment Partners LLC’s investment portfolio, making the stock its 17th largest position. DT Investment Partners LLC’s holdings in iShares S&P 500 Growth ETF were worth $15,831,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. LPL Financial LLC lifted its holdings in iShares S&P 500 Growth ETF by 1.7% during the third quarter. LPL Financial LLC now owns 15,682,897 shares of the company’s stock valued at $1,501,637,000 after purchasing an additional 255,991 shares in the last quarter. Stifel Financial Corp lifted its holdings in iShares S&P 500 Growth ETF by 0.3% during the third quarter. Stifel Financial Corp now owns 7,475,408 shares of the company’s stock valued at $715,775,000 after purchasing an additional 22,565 shares in the last quarter. PNC Financial Services Group Inc. lifted its holdings in iShares S&P 500 Growth ETF by 2.6% during the third quarter. PNC Financial Services Group Inc. now owns 5,329,231 shares of the company’s stock valued at $510,274,000 after purchasing an additional 134,169 shares in the last quarter. Park Avenue Securities LLC lifted its holdings in iShares S&P 500 Growth ETF by 0.4% during the fourth quarter. Park Avenue Securities LLC now owns 3,817,542 shares of the company’s stock valued at $387,595,000 after purchasing an additional 15,623 shares in the last quarter. Finally, Huntington National Bank lifted its holdings in iShares S&P 500 Growth ETF by 0.3% during the third quarter. Huntington National Bank now owns 2,560,058 shares of the company’s stock valued at $245,126,000 after purchasing an additional 7,447 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Up 1.3 %

IVW opened at $106.44 on Friday. The company has a market cap of $55.76 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a 52-week low of $79.07 and a 52-week high of $107.14. The firm’s fifty day simple moving average is $103.73 and its two-hundred day simple moving average is $98.07.

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.