Salomon & Ludwin LLC Has $75.80 Million Stake in iShares S&P 500 Growth ETF $IVW

Salomon & Ludwin LLC trimmed its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 2.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 612,653 shares of the company’s stock after selling 16,236 shares during the period. iShares S&P 500 Growth ETF makes up about 6.7% of Salomon & Ludwin LLC’s portfolio, making the stock its biggest position. Salomon & Ludwin LLC’s holdings in iShares S&P 500 Growth ETF were worth $75,802,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of the stock. Envestnet Asset Management Inc. lifted its stake in shares of iShares S&P 500 Growth ETF by 0.4% in the 3rd quarter. Envestnet Asset Management Inc. now owns 45,556,746 shares of the company’s stock valued at $5,499,610,000 after purchasing an additional 179,866 shares during the last quarter. UBS Group AG lifted its stake in shares of iShares S&P 500 Growth ETF by 0.9% in the 3rd quarter. UBS Group AG now owns 8,911,282 shares of the company’s stock valued at $1,075,770,000 after purchasing an additional 76,602 shares during the last quarter. Raymond James Financial Inc. lifted its stake in shares of iShares S&P 500 Growth ETF by 1.2% in the 3rd quarter. Raymond James Financial Inc. now owns 4,309,062 shares of the company’s stock valued at $520,190,000 after purchasing an additional 52,514 shares during the last quarter. Lido Advisors LLC lifted its stake in shares of iShares S&P 500 Growth ETF by 6.5% in the 3rd quarter. Lido Advisors LLC now owns 3,639,449 shares of the company’s stock valued at $439,354,000 after purchasing an additional 221,311 shares during the last quarter. Finally, Park Avenue Securities LLC lifted its stake in shares of iShares S&P 500 Growth ETF by 1.6% in the 4th quarter. Park Avenue Securities LLC now owns 3,631,582 shares of the company’s stock valued at $447,629,000 after purchasing an additional 56,513 shares during the last quarter.

iShares S&P 500 Growth ETF Price Performance

NYSEARCA:IVW opened at $126.84 on Wednesday. The firm has a market capitalization of $68.41 billion, a price-to-earnings ratio of 33.33 and a beta of 1.15. iShares S&P 500 Growth ETF has a 1 year low of $86.74 and a 1 year high of $128.68. The business has a 50 day simple moving average of $118.85 and a 200-day simple moving average of $121.39.

iShares S&P 500 Growth ETF Company 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.