iShares S&P 500 Growth ETF $IVW Holdings Lowered by Ifrah Financial Services Inc.

Ifrah Financial Services Inc. trimmed its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1.4% during the second quarter, HoldingsChannel reports. The institutional investor owned 182,086 shares of the company’s stock after selling 2,598 shares during the period. iShares S&P 500 Growth ETF accounts for approximately 5.5% of Ifrah Financial Services Inc.’s portfolio, making the stock its 2nd biggest position. Ifrah Financial Services Inc.’s holdings in iShares S&P 500 Growth ETF were worth $20,048,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of IVW. Envestnet Asset Management Inc. grew its position in shares of iShares S&P 500 Growth ETF by 5.1% in the 1st quarter. Envestnet Asset Management Inc. now owns 48,079,544 shares of the company’s stock valued at $4,463,224,000 after buying an additional 2,350,072 shares during the last quarter. Liberty Wealth Management LLC grew its position in shares of iShares S&P 500 Growth ETF by 489.6% in the 1st quarter. Liberty Wealth Management LLC now owns 1,363,876 shares of the company’s stock valued at $126,609,000 after buying an additional 1,132,541 shares during the last quarter. LPL Financial LLC grew its position in shares of iShares S&P 500 Growth ETF by 5.5% in the 1st quarter. LPL Financial LLC now owns 18,929,345 shares of the company’s stock valued at $1,757,211,000 after buying an additional 988,955 shares during the last quarter. Pinkerton Retirement Specialists LLC grew its position in shares of iShares S&P 500 Growth ETF by 192.5% in the 1st quarter. Pinkerton Retirement Specialists LLC now owns 1,135,349 shares of the company’s stock valued at $105,394,000 after buying an additional 747,194 shares during the last quarter. Finally, Financiere des Professionnels Fonds d investissement inc. purchased a new position in shares of iShares S&P 500 Growth ETF in the 1st quarter valued at $65,909,000.

iShares S&P 500 Growth ETF Price Performance

NYSEARCA IVW opened at $120.40 on Friday. The firm’s fifty day moving average price is $118.05 and its 200 day moving average price is $108.07. The company has a market capitalization of $65.58 billion, a price-to-earnings ratio of 33.33 and a beta of 1.05. iShares S&P 500 Growth ETF has a 12 month low of $79.31 and a 12 month high of $122.66.

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.