iShares S&P 500 Growth ETF $IVW Shares Sold by Eastern Bank

Eastern Bank cut its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 6.6% during the 2nd quarter, HoldingsChannel reports. The fund owned 37,368 shares of the company’s stock after selling 2,620 shares during the period. Eastern Bank’s holdings in iShares S&P 500 Growth ETF were worth $4,114,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in IVW. Envestnet Asset Management Inc. raised its holdings in iShares S&P 500 Growth ETF by 5.1% in the first quarter. Envestnet Asset Management Inc. now owns 48,079,544 shares of the company’s stock valued at $4,463,224,000 after acquiring an additional 2,350,072 shares in the last quarter. Sofi Wealth LLC raised its holdings in iShares S&P 500 Growth ETF by 4,023.6% in the first quarter. Sofi Wealth LLC now owns 1,857,008 shares of the company’s stock valued at $172,386,000 after acquiring an additional 1,811,974 shares in the last quarter. Liberty Wealth Management LLC raised its holdings in iShares S&P 500 Growth ETF by 489.6% in the first quarter. Liberty Wealth Management LLC now owns 1,363,876 shares of the company’s stock valued at $126,609,000 after acquiring an additional 1,132,541 shares in the last quarter. LPL Financial LLC raised its holdings in iShares S&P 500 Growth ETF by 5.5% in the first quarter. LPL Financial LLC now owns 18,929,345 shares of the company’s stock valued at $1,757,211,000 after acquiring an additional 988,955 shares in the last quarter. Finally, Pinkerton Retirement Specialists LLC raised its holdings in iShares S&P 500 Growth ETF by 192.5% in the first quarter. Pinkerton Retirement Specialists LLC now owns 1,135,349 shares of the company’s stock valued at $105,394,000 after acquiring an additional 747,194 shares in the last quarter.

iShares S&P 500 Growth ETF Price Performance

IVW opened at $118.29 on Friday. The stock has a market capitalization of $64.41 billion, a PE ratio of 33.33 and a beta of 1.05. The firm’s fifty day moving average price is $117.43 and its 200 day moving average price is $107.16. iShares S&P 500 Growth ETF has a 12-month low of $79.31 and a 12-month high of $122.66.

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.