408,671 iShares S&P 500 Growth ETF $IVW Shares Sold by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC decreased its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 13.2% in the 3rd quarter, Holdings Channel reports. The firm owned 2,676,115 shares of the company’s stock after selling 408,671 shares during the quarter. iShares S&P 500 Growth ETF accounts for approximately 0.5% of Commonwealth Equity Services LLC’s portfolio, making the stock its 27th biggest position. Commonwealth Equity Services LLC’s holdings in iShares S&P 500 Growth ETF were worth $380,704,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. First Pacific Financial acquired a new stake in shares of iShares S&P 500 Growth ETF during the 2nd quarter valued at approximately $34,000. Thurston Springer Miller Herd & Titak Inc. grew its holdings in shares of iShares S&P 500 Growth ETF by 1,071.4% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 246 shares of the company’s stock worth $34,000 after acquiring an additional 225 shares during the period. GK Wealth Management LLC acquired a new stake in shares of iShares S&P 500 Growth ETF in the 3rd quarter worth approximately $41,000. Measured Wealth Private Client Group LLC acquired a new stake in shares of iShares S&P 500 Growth ETF in the 1st quarter worth approximately $34,000. Finally, YANKCOM Partnership purchased a new position in iShares S&P 500 Growth ETF in the 3rd quarter valued at approximately $51,000.

iShares S&P 500 Growth ETF Price Performance

NYSEARCA IVW opened at $128.42 on Friday. The business has a 50 day moving average price of $140.23 and a 200 day moving average price of $132.05. The company has a market capitalization of $71.38 billion, a P/E ratio of 24.96 and a beta of 1.17. iShares S&P 500 Growth ETF has a 1-year low of $108.13 and a 1-year high of $146.83.

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. 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.