Commonwealth Equity Services LLC Cuts Stock Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Commonwealth Equity Services LLC decreased its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 2.9% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 2,831,843 shares of the company’s stock after selling 84,761 shares during the quarter. Commonwealth Equity Services LLC’s holdings in iShares S&P 500 Growth ETF were worth $212,671,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of IVW. First Horizon Advisors Inc. lifted its position in iShares S&P 500 Growth ETF by 1.1% in the fourth quarter. First Horizon Advisors Inc. now owns 100,047 shares of the company’s stock valued at $7,514,000 after buying an additional 1,113 shares during the last quarter. Fisher Asset Management LLC increased its stake in shares of iShares S&P 500 Growth ETF by 74.3% during the fourth quarter. Fisher Asset Management LLC now owns 5,572 shares of the company’s stock worth $418,000 after buying an additional 2,376 shares during the period. Wilbanks Smith & Thomas Asset Management LLC increased its stake in shares of iShares S&P 500 Growth ETF by 1.4% during the fourth quarter. Wilbanks Smith & Thomas Asset Management LLC now owns 12,035 shares of the company’s stock worth $904,000 after buying an additional 164 shares during the period. FFT Wealth Management LLC increased its stake in shares of iShares S&P 500 Growth ETF by 65.3% during the fourth quarter. FFT Wealth Management LLC now owns 11,954 shares of the company’s stock worth $898,000 after buying an additional 4,722 shares during the period. Finally, Prosperity Planning Inc. increased its stake in shares of iShares S&P 500 Growth ETF by 1.6% during the fourth quarter. Prosperity Planning Inc. now owns 24,174 shares of the company’s stock worth $1,815,000 after buying an additional 369 shares during the period.

iShares S&P 500 Growth ETF Price Performance

Shares of IVW stock traded up $0.88 during trading hours on Thursday, reaching $81.69. 1,094,582 shares of the stock were exchanged, compared to its average volume of 3,513,057. The business’s fifty day moving average is $83.10 and its two-hundred day moving average is $77.32. iShares S&P 500 Growth ETF has a 12-month low of $63.19 and a 12-month high of $85.56. The firm has a market capitalization of $42.66 billion, a P/E ratio of 27.41 and a beta of 1.12.

iShares S&P 500 Growth ETF Company 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.