iShares S&P 500 Growth ETF $IVW Stock Holdings Decreased by Sound Income Strategies LLC

Sound Income Strategies LLC lowered its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 20.3% during the third quarter, Holdings Channel.com reports. The firm owned 22,403 shares of the company’s stock after selling 5,707 shares during the quarter. Sound Income Strategies LLC’s holdings in iShares S&P 500 Growth ETF were worth $3,228,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Bank of America Corp DE lifted its position in shares of 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 valued at $2,237,233,000 after buying an additional 1,229,382 shares during the last quarter. Wells Fargo & Company MN raised its stake in shares of iShares S&P 500 Growth ETF by 0.5% during the 4th quarter. Wells Fargo & Company MN now owns 15,021,156 shares of the company’s stock worth $1,851,508,000 after acquiring an additional 80,216 shares in the last quarter. Cetera Investment Advisers raised its stake in shares of iShares S&P 500 Growth ETF by 5.4% during the 1st 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 in the last quarter. Mariner LLC lifted its position in iShares S&P 500 Growth ETF by 1.7% during the fourth quarter. Mariner LLC now owns 3,665,537 shares of the company’s stock valued at $451,818,000 after acquiring an additional 61,398 shares during the last quarter. Finally, MML Investors Services LLC lifted its position in iShares S&P 500 Growth ETF by 10.9% during the fourth quarter. MML Investors Services LLC now owns 3,645,204 shares of the company’s stock valued at $449,308,000 after acquiring an additional 358,496 shares during the last quarter.

iShares S&P 500 Growth ETF Price Performance

NYSEARCA IVW traded up $1.15 on Friday, hitting $145.24. The stock had a trading volume of 1,278,495 shares, compared to its average volume of 3,051,156. The business’s fifty day moving average price is $140.98 and its 200 day moving average price is $134.72. The stock has a market cap of $80.06 billion, a price-to-earnings ratio of 33.33 and a beta of 1.17. iShares S&P 500 Growth ETF has a 52-week low of $108.13 and a 52-week high of $146.83.

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.