iShares S&P 500 Growth ETF $IVW Stock Position Reduced by Vontobel Holding Ltd.

Vontobel Holding Ltd. lessened its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 26.4% during the second quarter, HoldingsChannel reports. The institutional investor owned 33,850 shares of the company’s stock after selling 12,170 shares during the quarter. Vontobel Holding Ltd.’s holdings in iShares S&P 500 Growth ETF were worth $3,727,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently bought and sold shares of the company. Flaharty Asset Management LLC bought a new position in iShares S&P 500 Growth ETF during the 1st quarter worth approximately $26,000. Elite Financial Inc. acquired a new stake in shares of iShares S&P 500 Growth ETF during the 1st quarter worth approximately $26,000. Mechanics Financial Corp acquired a new stake in shares of iShares S&P 500 Growth ETF during the 1st quarter worth approximately $27,000. Ryan Investment Management Inc. acquired a new stake in shares of iShares S&P 500 Growth ETF during the 2nd quarter worth approximately $36,000. Finally, Mowery & Schoenfeld Wealth Management LLC acquired a new stake in shares of iShares S&P 500 Growth ETF during the 1st quarter worth approximately $33,000.

iShares S&P 500 Growth ETF Trading Down 3.1%

Shares of iShares S&P 500 Growth ETF stock opened at $118.29 on Friday. The business’s 50 day simple moving average is $117.43 and its 200-day simple moving average is $107.16. The stock has a market capitalization of $64.41 billion, a price-to-earnings ratio of 33.33 and a beta of 1.05. iShares S&P 500 Growth ETF has a twelve month low of $79.31 and a twelve month high of $122.66.

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.