Trust Point Inc. Cuts Stock Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Trust Point Inc. decreased its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 0.2% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 152,714 shares of the company’s stock after selling 257 shares during the quarter. iShares S&P 500 Growth ETF comprises approximately 1.1% of Trust Point Inc.’s portfolio, making the stock its 11th biggest holding. Trust Point Inc.’s holdings in iShares S&P 500 Growth ETF were worth $15,505,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the business. LPL Financial LLC boosted its stake in shares of 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 acquiring an additional 255,991 shares during the last quarter. Stifel Financial Corp grew its holdings in shares of iShares S&P 500 Growth ETF by 0.3% during the 3rd quarter. Stifel Financial Corp now owns 7,475,408 shares of the company’s stock worth $715,775,000 after purchasing an additional 22,565 shares during the period. PNC Financial Services Group Inc. grew its holdings in shares of iShares S&P 500 Growth ETF by 2.6% during the 3rd quarter. PNC Financial Services Group Inc. now owns 5,329,231 shares of the company’s stock worth $510,274,000 after purchasing an additional 134,169 shares during the period. Park Avenue Securities LLC grew its holdings in shares of iShares S&P 500 Growth ETF by 0.4% during the 4th quarter. Park Avenue Securities LLC now owns 3,817,542 shares of the company’s stock worth $387,595,000 after purchasing an additional 15,623 shares during the period. Finally, Huntington National Bank lifted its position in iShares S&P 500 Growth ETF by 0.3% during the 3rd quarter. Huntington National Bank now owns 2,560,058 shares of the company’s stock worth $245,126,000 after acquiring an additional 7,447 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Performance

iShares S&P 500 Growth ETF stock opened at $103.32 on Tuesday. The stock’s 50 day moving average price is $103.12 and its 200 day moving average price is $97.36. The firm has a market capitalization of $54.13 billion, a PE ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a one year low of $79.07 and a one year high of $107.14.

About iShares S&P 500 Growth ETF

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.