Mount Yale Investment Advisors LLC cut its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW – Free Report) by 11.4% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 57,112 shares of the company’s stock after selling 7,327 shares during the quarter. iShares S&P 500 Growth ETF accounts for 0.5% of Mount Yale Investment Advisors LLC’s investment portfolio, making the stock its 28th largest position. Mount Yale Investment Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $5,799,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. International Assets Investment Management LLC raised its holdings in iShares S&P 500 Growth ETF by 10,365.3% in the third quarter. International Assets Investment Management LLC now owns 1,584,755 shares of the company’s stock valued at $151,740,000 after acquiring an additional 1,569,612 shares in the last quarter. Sanctuary Advisors LLC acquired a new position in iShares S&P 500 Growth ETF during the 2nd quarter worth approximately $100,688,000. The Manufacturers Life Insurance Company purchased a new stake in shares of iShares S&P 500 Growth ETF in the 3rd quarter valued at approximately $82,464,000. Cetera Investment Advisers raised its holdings in shares of iShares S&P 500 Growth ETF by 30.5% in the 2nd quarter. Cetera Investment Advisers now owns 3,320,633 shares of the company’s stock valued at $307,291,000 after purchasing an additional 775,318 shares in the last quarter. Finally, NewEdge Advisors LLC lifted its position in shares of iShares S&P 500 Growth ETF by 87.6% during the 2nd quarter. NewEdge Advisors LLC now owns 1,485,754 shares of the company’s stock worth $137,492,000 after purchasing an additional 693,848 shares during the last quarter.
iShares S&P 500 Growth ETF Trading Down 0.4 %
Shares of IVW stock opened at $106.26 on Monday. The company has a market cap of $55.67 billion, a P/E ratio of 28.52 and a beta of 1.14. The firm has a fifty day moving average price of $102.67 and a 200 day moving average price of $97.06. iShares S&P 500 Growth ETF has a 12 month low of $77.20 and a 12 month high of $107.14.
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.
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