iShares S&P 500 Growth ETF (NYSEARCA:IVW) Shares Sold by Commonwealth Financial Services LLC

Commonwealth Financial Services LLC reduced its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 6.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 128,159 shares of the company’s stock after selling 8,779 shares during the period. iShares S&P 500 Growth ETF makes up 2.6% of Commonwealth Financial Services LLC’s investment portfolio, making the stock its 8th largest holding. Commonwealth Financial Services LLC’s holdings in iShares S&P 500 Growth ETF were worth $13,012,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. LPL Financial LLC raised its stake in shares of iShares S&P 500 Growth ETF by 1.7% during the 3rd quarter. LPL Financial LLC now owns 15,682,897 shares of the company’s stock worth $1,501,637,000 after purchasing an additional 255,991 shares during the period. Stifel Financial Corp raised its stake 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. raised its stake 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 raised its stake 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 raised its stake in shares of 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 purchasing an additional 7,447 shares during the period.

iShares S&P 500 Growth ETF Price Performance

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

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.