Dumont & Blake Investment Advisors LLC Cuts Stock Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Dumont & Blake Investment Advisors LLC decreased its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 2.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 55,248 shares of the company’s stock after selling 1,318 shares during the quarter. iShares S&P 500 Growth ETF comprises about 1.5% of Dumont & Blake Investment Advisors LLC’s investment portfolio, making the stock its 11th largest position. Dumont & Blake Investment Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $5,609,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of IVW. International Assets Investment Management LLC grew its holdings in iShares S&P 500 Growth ETF by 10,365.3% during the 3rd quarter. International Assets Investment Management LLC now owns 1,584,755 shares of the company’s stock valued at $151,740,000 after purchasing an additional 1,569,612 shares during the last quarter. The Manufacturers Life Insurance Company bought a new position in shares of iShares S&P 500 Growth ETF during the third quarter valued at approximately $82,464,000. Arvest Bank Trust Division purchased a new stake in shares of iShares S&P 500 Growth ETF in the third quarter worth approximately $56,971,000. Sanctuary Advisors LLC lifted its stake in shares of iShares S&P 500 Growth ETF by 29.8% during the 3rd quarter. Sanctuary Advisors LLC now owns 1,412,222 shares of the company’s stock worth $140,686,000 after acquiring an additional 324,178 shares during the last quarter. Finally, LPL Financial LLC boosted its holdings in iShares S&P 500 Growth ETF by 1.7% during the 3rd quarter. LPL Financial LLC now owns 15,682,897 shares of the company’s stock valued at $1,501,637,000 after acquiring an additional 255,991 shares during the period.

iShares S&P 500 Growth ETF Price Performance

iShares S&P 500 Growth ETF stock opened at $104.68 on Friday. The stock has a market cap of $54.84 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. The firm has a 50-day moving average of $102.93 and a two-hundred day moving average of $97.22. iShares S&P 500 Growth ETF has a 1 year low of $77.20 and a 1 year high of $107.14.

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.