M&T Bank Corp Sells 36,674 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

M&T Bank Corp decreased its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 0.8% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 4,630,622 shares of the company’s stock after selling 36,674 shares during the period. iShares S&P 500 Growth ETF comprises approximately 1.6% of M&T Bank Corp’s portfolio, making the stock its 14th biggest holding. M&T Bank Corp’s holdings in iShares S&P 500 Growth ETF were worth $470,147,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. The Manufacturers Life Insurance Company purchased a new stake in iShares S&P 500 Growth ETF in the third quarter worth $82,464,000. Arvest Bank Trust Division purchased a new stake in iShares S&P 500 Growth ETF in the third quarter worth $56,971,000. Strategic Financial Concepts LLC lifted its stake in iShares S&P 500 Growth ETF by 10,066.9% in the fourth quarter. Strategic Financial Concepts LLC now owns 425,892 shares of the company’s stock worth $479,000 after acquiring an additional 421,703 shares during the period. Sanctuary Advisors LLC lifted its stake in iShares S&P 500 Growth ETF by 29.8% in the third quarter. Sanctuary Advisors LLC now owns 1,412,222 shares of the company’s stock worth $140,686,000 after acquiring an additional 324,178 shares during the period. Finally, LPL Financial LLC lifted its stake in iShares S&P 500 Growth ETF by 1.7% in the third quarter. LPL Financial LLC now owns 15,682,897 shares of the company’s stock worth $1,501,637,000 after acquiring an additional 255,991 shares during the period.

iShares S&P 500 Growth ETF Stock Down 0.9 %

Shares of IVW stock opened at $97.71 on Wednesday. The stock has a fifty day moving average of $103.58 and a 200 day moving average of $99.55. iShares S&P 500 Growth ETF has a 52 week low of $79.07 and a 52 week high of $107.14. The firm has a market capitalization of $54.52 billion, a price-to-earnings ratio of 33.87 and a beta of 1.07.

About iShares S&P 500 Growth ETF

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.