Investor s Fiduciary Advisor Network LLC Has $359,000 Position in iShares S&P 500 Growth ETF $IVW

Investor s Fiduciary Advisor Network LLC cut its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 81.7% during the second quarter, HoldingsChannel reports. The fund owned 2,616 shares of the company’s stock after selling 11,706 shares during the quarter. Investor s Fiduciary Advisor Network LLC’s holdings in iShares S&P 500 Growth ETF were worth $359,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the company. Bank of America Corp DE grew its stake in iShares S&P 500 Growth ETF by 6.6% in the first quarter. Bank of America Corp DE now owns 19,779,268 shares of the company’s stock valued at $2,237,233,000 after purchasing an additional 1,229,382 shares in the last quarter. Calamos Advisors LLC raised its stake in shares of iShares S&P 500 Growth ETF by 2,637.2% during the 1st quarter. Calamos Advisors LLC now owns 1,168,503 shares of the company’s stock worth $132,169,000 after purchasing an additional 1,125,813 shares in the last quarter. Focus Partners Wealth lifted its holdings in shares of iShares S&P 500 Growth ETF by 81.0% during the 4th quarter. Focus Partners Wealth now owns 1,920,546 shares of the company’s stock valued at $236,725,000 after buying an additional 859,584 shares during the last quarter. Fifth Third Bancorp lifted its holdings in shares of iShares S&P 500 Growth ETF by 131.3% during the 1st quarter. Fifth Third Bancorp now owns 1,497,810 shares of the company’s stock valued at $169,417,000 after buying an additional 850,349 shares during the last quarter. Finally, Valpey Financial Services LLC lifted its holdings in shares of iShares S&P 500 Growth ETF by 11,889.3% during the 4th quarter. Valpey Financial Services LLC now owns 712,286 shares of the company’s stock valued at $87,796,000 after buying an additional 706,345 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Performance

NYSEARCA:IVW opened at $140.55 on Friday. The stock’s 50 day moving average price is $137.80 and its 200 day moving average price is $130.75. iShares S&P 500 Growth ETF has a 52 week low of $108.13 and a 52 week high of $143.26. The company has a market capitalization of $76.73 billion, a P/E ratio of 33.33 and a beta of 1.17.

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. The Growth Index is a subset of the S&P 500 and consists of those stocks in the S&P 500 exhibiting the strongest growth characteristics.