Lbmc Investment Advisors LLC Lowers Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Lbmc Investment Advisors LLC cut its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 0.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 141,307 shares of the company’s stock after selling 1,172 shares during the period. iShares S&P 500 Growth ETF comprises approximately 1.1% of Lbmc Investment Advisors LLC’s investment portfolio, making the stock its 13th largest holding. Lbmc Investment Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $14,347,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Vanguard Personalized Indexing Management LLC boosted its stake in shares of iShares S&P 500 Growth ETF by 41.2% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 6,410 shares of the company’s stock worth $593,000 after buying an additional 1,869 shares during the last quarter. Hsbc Holdings PLC lifted its holdings in iShares S&P 500 Growth ETF by 18.3% during the second quarter. Hsbc Holdings PLC now owns 122,400 shares of the company’s stock worth $11,326,000 after acquiring an additional 18,900 shares during the period. Thrivent Financial for Lutherans boosted its position in iShares S&P 500 Growth ETF by 11.1% in the second quarter. Thrivent Financial for Lutherans now owns 1,291,843 shares of the company’s stock worth $119,548,000 after purchasing an additional 128,918 shares during the last quarter. Capstone Triton Financial Group LLC bought a new position in iShares S&P 500 Growth ETF in the 2nd quarter valued at $200,000. Finally, Summit Trail Advisors LLC purchased a new stake in shares of iShares S&P 500 Growth ETF during the 2nd quarter valued at $281,000.

iShares S&P 500 Growth ETF Price Performance

NYSEARCA IVW opened at $103.83 on Friday. The business’s fifty day moving average is $102.15 and its 200-day moving average is $96.69. The stock has a market capitalization of $54.40 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a one year low of $75.62 and a one year high of $105.64.

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.