Rodgers & Associates LTD Decreases Stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Rodgers & Associates LTD reduced its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 2.6% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 190,587 shares of the company’s stock after selling 5,005 shares during the period. iShares S&P 500 Growth ETF makes up about 1.9% of Rodgers & Associates LTD’s holdings, making the stock its 18th largest position. Rodgers & Associates LTD’s holdings in iShares S&P 500 Growth ETF were worth $14,313,000 as of its most recent filing with the SEC.

Other institutional investors also recently made changes to their positions in the company. Envestnet Asset Management Inc. boosted its position in shares of iShares S&P 500 Growth ETF by 54.8% in the 3rd quarter. Envestnet Asset Management Inc. now owns 21,690,571 shares of the company’s stock worth $1,484,069,000 after buying an additional 7,681,845 shares in the last quarter. LPL Financial LLC boosted its position in shares of iShares S&P 500 Growth ETF by 35.1% in the 3rd quarter. LPL Financial LLC now owns 7,697,945 shares of the company’s stock worth $526,693,000 after buying an additional 1,998,078 shares in the last quarter. Envestnet Portfolio Solutions Inc. purchased a new stake in shares of iShares S&P 500 Growth ETF in the 3rd quarter worth about $133,439,000. Morgan Stanley boosted its position in shares of iShares S&P 500 Growth ETF by 5.5% in the 3rd quarter. Morgan Stanley now owns 29,378,514 shares of the company’s stock worth $2,010,078,000 after buying an additional 1,542,503 shares in the last quarter. Finally, Comerica Bank purchased a new stake in shares of iShares S&P 500 Growth ETF in the 3rd quarter worth about $75,684,000.

iShares S&P 500 Growth ETF Stock Down 0.5 %

Shares of iShares S&P 500 Growth ETF stock traded down $0.40 on Thursday, hitting $81.01. The company’s stock had a trading volume of 1,862,682 shares, compared to its average volume of 3,620,188. The company has a market capitalization of $42.30 billion, a P/E ratio of 27.41 and a beta of 1.12. The firm has a fifty day moving average price of $83.00 and a 200-day moving average price of $76.94. iShares S&P 500 Growth ETF has a 52-week low of $63.10 and a 52-week high of $85.56.

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.