First Financial Bank Trust Division Trims Stock Position in iShares S&P 500 Growth ETF $IVW

First Financial Bank Trust Division cut its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 7.0% during the 2nd quarter, Holdings Channel reports. The firm owned 95,463 shares of the company’s stock after selling 7,227 shares during the period. iShares S&P 500 Growth ETF comprises approximately 0.9% of First Financial Bank Trust Division’s investment portfolio, making the stock its 26th biggest holding. First Financial Bank Trust Division’s holdings in iShares S&P 500 Growth ETF were worth $13,129,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also modified their holdings of IVW. Morgan Stanley raised its position in shares of iShares S&P 500 Growth ETF by 0.6% during the 4th quarter. Morgan Stanley now owns 33,646,152 shares of the company’s stock worth $4,147,225,000 after purchasing an additional 186,391 shares during the last quarter. LPL Financial LLC grew its holdings in iShares S&P 500 Growth ETF by 1.8% during the 4th quarter. LPL Financial LLC now owns 19,816,481 shares of the company’s stock valued at $2,442,579,000 after buying an additional 357,495 shares during the last quarter. Bank of America Corp DE increased its position in iShares S&P 500 Growth ETF by 6.6% during the first quarter. Bank of America Corp DE now owns 19,779,268 shares of the company’s stock worth $2,237,233,000 after buying an additional 1,229,382 shares in the last quarter. Wells Fargo & Company MN increased its position in iShares S&P 500 Growth ETF by 0.5% during the fourth quarter. Wells Fargo & Company MN now owns 15,021,156 shares of the company’s stock worth $1,851,508,000 after buying an additional 80,216 shares in the last quarter. Finally, Cetera Investment Advisers raised its holdings in shares of iShares S&P 500 Growth ETF by 5.4% in the first quarter. Cetera Investment Advisers now owns 4,754,617 shares of the company’s stock worth $537,795,000 after acquiring an additional 245,310 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Up 2.2%

IVW opened at $138.24 on Tuesday. The firm has a market cap of $75.49 billion, a P/E ratio of 33.33 and a beta of 1.17. The business’s fifty day simple moving average is $136.13 and its 200 day simple moving average is $127.82. iShares S&P 500 Growth ETF has a 52 week low of $108.13 and a 52 week high of $141.98.

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.