iShares S&P 500 Growth ETF $IVW Shares Sold by First Merchants Corp

First Merchants Corp reduced its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1.8% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 264,520 shares of the company’s stock after selling 4,755 shares during the quarter. iShares S&P 500 Growth ETF comprises approximately 1.1% of First Merchants Corp’s portfolio, making the stock its 18th biggest position. First Merchants Corp’s holdings in iShares S&P 500 Growth ETF were worth $29,124,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Flaharty Asset Management LLC acquired a new stake in shares of iShares S&P 500 Growth ETF in the first quarter valued at approximately $26,000. Elite Financial Inc. acquired a new stake in shares of iShares S&P 500 Growth ETF in the first quarter valued at approximately $26,000. Mechanics Financial Corp acquired a new stake in shares of iShares S&P 500 Growth ETF in the first quarter valued at approximately $27,000. Ryan Investment Management Inc. purchased a new stake in shares of iShares S&P 500 Growth ETF during the second quarter worth approximately $36,000. Finally, Mowery & Schoenfeld Wealth Management LLC purchased a new stake in shares of iShares S&P 500 Growth ETF during the first quarter worth approximately $33,000.

iShares S&P 500 Growth ETF Price Performance

iShares S&P 500 Growth ETF stock opened at $122.00 on Thursday. iShares S&P 500 Growth ETF has a 12 month low of $79.31 and a 12 month high of $122.02. The business has a 50 day simple moving average of $117.13 and a 200-day simple moving average of $106.84. The stock has a market capitalization of $66.53 billion, a PE ratio of 33.33 and a beta of 1.05.

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.