Greenleaf Trust Has $32.95 Million Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Greenleaf Trust reduced its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 6.5% during the 4th quarter, Holdings Channel.com reports. The firm owned 438,741 shares of the company’s stock after selling 30,633 shares during the period. iShares S&P 500 Growth ETF accounts for 0.4% of Greenleaf Trust’s holdings, making the stock its 20th largest holding. Greenleaf Trust’s holdings in iShares S&P 500 Growth ETF were worth $32,949,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Ironwood Wealth Management LLC. grew its stake in shares of iShares S&P 500 Growth ETF by 19.0% in the first quarter. Ironwood Wealth Management LLC. now owns 184,517 shares of the company’s stock valued at $14,339,000 after acquiring an additional 29,518 shares in the last quarter. United Bank grew its stake in shares of iShares S&P 500 Growth ETF by 7.3% in the first quarter. United Bank now owns 54,579 shares of the company’s stock valued at $4,169,000 after acquiring an additional 3,690 shares in the last quarter. Bank of New York Mellon Corp grew its stake in shares of iShares S&P 500 Growth ETF by 4.0% in the first quarter. Bank of New York Mellon Corp now owns 245,020 shares of the company’s stock valued at $18,714,000 after acquiring an additional 9,526 shares in the last quarter. Blair William & Co. IL grew its stake in shares of iShares S&P 500 Growth ETF by 0.5% in the first quarter. Blair William & Co. IL now owns 113,156 shares of the company’s stock valued at $8,643,000 after acquiring an additional 573 shares in the last quarter. Finally, Baird Financial Group Inc. grew its stake in shares of iShares S&P 500 Growth ETF by 13.1% in the first quarter. Baird Financial Group Inc. now owns 702,440 shares of the company’s stock valued at $53,652,000 after acquiring an additional 81,527 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Performance

Shares of IVW stock traded down $1.78 on Friday, hitting $79.34. The company’s stock had a trading volume of 3,724,974 shares, compared to its average volume of 3,702,420. The stock’s 50 day moving average is $83.08 and its 200-day moving average is $76.52. iShares S&P 500 Growth ETF has a fifty-two week low of $63.10 and a fifty-two week high of $85.56. The company has a market capitalization of $41.63 billion, a PE ratio of 28.34 and a beta of 1.10.

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.