iShares S&P 500 Growth ETF $IVW Shares Sold by HBK Sorce Advisory LLC

HBK Sorce Advisory LLC cut its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 7.5% during the second quarter, HoldingsChannel.com reports. The fund owned 22,264 shares of the company’s stock after selling 1,806 shares during the period. HBK Sorce Advisory LLC’s holdings in iShares S&P 500 Growth ETF were worth $2,451,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in IVW. Envestnet Asset Management Inc. boosted its stake in shares of 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 worth $4,463,224,000 after acquiring an additional 2,350,072 shares during the last quarter. Liberty Wealth Management LLC boosted its stake in shares of 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 worth $126,609,000 after acquiring an additional 1,132,541 shares during the last quarter. LPL Financial LLC boosted its stake in shares of 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 worth $1,757,211,000 after acquiring an additional 988,955 shares during the last quarter. Pinkerton Retirement Specialists LLC boosted its stake in shares of 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 worth $105,394,000 after acquiring an additional 747,194 shares during the last quarter. Finally, Financiere des Professionnels Fonds d investissement inc. acquired a new stake in shares of iShares S&P 500 Growth ETF in the first quarter worth approximately $65,909,000.

iShares S&P 500 Growth ETF Price Performance

Shares of NYSEARCA:IVW opened at $126.28 on Thursday. The business’s 50 day moving average price is $119.31 and its 200-day moving average price is $110.30. The firm has a market capitalization of $68.65 billion, a PE ratio of 33.33 and a beta of 1.11. iShares S&P 500 Growth ETF has a 1 year low of $79.31 and a 1 year high of $126.61.

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.