Beverly Hills Private Wealth LLC Sells 450 Shares of iShares S&P 500 Growth ETF $IVW

Beverly Hills Private Wealth LLC trimmed its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 9.7% during the second quarter, Holdings Channel reports. The fund owned 4,207 shares of the company’s stock after selling 450 shares during the quarter. Beverly Hills Private Wealth LLC’s holdings in iShares S&P 500 Growth ETF were worth $463,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the stock. Envestnet Asset Management Inc. raised its stake in shares of iShares S&P 500 Growth ETF by 5.1% in the 1st quarter. Envestnet Asset Management Inc. now owns 48,079,544 shares of the company’s stock valued at $4,463,224,000 after acquiring an additional 2,350,072 shares in the last quarter. LPL Financial LLC raised its stake in shares of iShares S&P 500 Growth ETF by 5.5% in the 1st quarter. LPL Financial LLC now owns 18,929,345 shares of the company’s stock valued at $1,757,211,000 after acquiring an additional 988,955 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in shares of iShares S&P 500 Growth ETF by 4.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 6,639,595 shares of the company’s stock valued at $616,354,000 after acquiring an additional 279,859 shares in the last quarter. Commonwealth Equity Services LLC raised its stake in shares of iShares S&P 500 Growth ETF by 4.3% in the 1st quarter. Commonwealth Equity Services LLC now owns 3,533,251 shares of the company’s stock valued at $327,992,000 after acquiring an additional 147,169 shares in the last quarter. Finally, Cetera Investment Advisers grew its holdings in iShares S&P 500 Growth ETF by 7.9% in the 1st quarter. Cetera Investment Advisers now owns 3,465,787 shares of the company’s stock valued at $321,729,000 after buying an additional 253,383 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Up 0.8%

IVW opened at $121.42 on Tuesday. The firm has a market capitalization of $66.03 billion, a P/E ratio of 33.33 and a beta of 1.05. The stock’s 50 day moving average price is $118.19 and its two-hundred day moving average price is $108.56. iShares S&P 500 Growth ETF has a 12-month low of $79.31 and a 12-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.