iShares S&P 500 Growth ETF (NYSEARCA:IVW) Shares Sold by Cypress Capital Group

Cypress Capital Group lessened its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 9.5% during the fourth quarter, HoldingsChannel reports. The firm owned 2,650 shares of the company’s stock after selling 279 shares during the period. Cypress Capital Group’s holdings in iShares S&P 500 Growth ETF were worth $269,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. QRG Capital Management Inc. lifted its stake in shares of iShares S&P 500 Growth ETF by 44.4% in the third quarter. QRG Capital Management Inc. now owns 13,330 shares of the company’s stock worth $1,276,000 after acquiring an additional 4,099 shares in the last quarter. LGT Financial Advisors LLC lifted its stake in shares of iShares S&P 500 Growth ETF by 6.7% in the third quarter. LGT Financial Advisors LLC now owns 9,149 shares of the company’s stock worth $876,000 after acquiring an additional 578 shares in the last quarter. Graypoint LLC lifted its stake in shares of iShares S&P 500 Growth ETF by 12.8% in the third quarter. Graypoint LLC now owns 209,738 shares of the company’s stock worth $20,082,000 after acquiring an additional 23,790 shares in the last quarter. Advisor Resource Council acquired a new position in shares of iShares S&P 500 Growth ETF in the third quarter worth about $288,000. Finally, Washington Trust Bank lifted its stake in shares of iShares S&P 500 Growth ETF by 118.4% in the third quarter. Washington Trust Bank now owns 13,194 shares of the company’s stock worth $1,263,000 after acquiring an additional 7,152 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Performance

NYSEARCA:IVW opened at $96.22 on Friday. iShares S&P 500 Growth ETF has a one year low of $79.07 and a one year high of $107.14. The business’s 50-day simple moving average is $103.28 and its 200 day simple moving average is $99.52. The stock has a market cap of $53.69 billion, a price-to-earnings ratio of 33.87 and a beta of 1.07.

iShares S&P 500 Growth ETF 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.