iShares S&P 500 Growth ETF $IVW Shares Sold by WealthPLAN Partners LLC

WealthPLAN Partners LLC cut its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 7.2% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 61,341 shares of the company’s stock after selling 4,755 shares during the quarter. iShares S&P 500 Growth ETF makes up 1.3% of WealthPLAN Partners LLC’s investment portfolio, making the stock its 15th largest position. WealthPLAN Partners LLC’s holdings in iShares S&P 500 Growth ETF were worth $6,938,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. Focus Partners Wealth grew its stake in iShares S&P 500 Growth ETF by 81.0% in the 4th quarter. Focus Partners Wealth now owns 1,920,546 shares of the company’s stock worth $236,725,000 after acquiring an additional 859,584 shares during the period. Valpey Financial Services LLC boosted its holdings in shares of iShares S&P 500 Growth ETF by 11,889.3% during the fourth quarter. Valpey Financial Services LLC now owns 712,286 shares of the company’s stock worth $87,796,000 after purchasing an additional 706,345 shares during the last quarter. Align Financial LLC purchased a new stake in shares of iShares S&P 500 Growth ETF in the fourth quarter valued at $49,180,000. MML Investors Services LLC grew its position in shares of iShares S&P 500 Growth ETF by 10.9% in the fourth quarter. MML Investors Services LLC now owns 3,645,204 shares of the company’s stock valued at $449,308,000 after purchasing an additional 358,496 shares during the period. Finally, LPL Financial LLC increased its stake in iShares S&P 500 Growth ETF by 1.8% in the fourth quarter. LPL Financial LLC now owns 19,816,481 shares of the company’s stock valued at $2,442,579,000 after purchasing an additional 357,495 shares during the last quarter.

iShares S&P 500 Growth ETF Trading Down 0.8%

NYSEARCA IVW opened at $136.06 on Wednesday. The business’s 50-day moving average price is $135.84 and its 200 day moving average price is $126.32. iShares S&P 500 Growth ETF has a twelve month low of $108.13 and a twelve month high of $141.98. The company has a market capitalization of $74.11 billion, a PE ratio of 33.33 and a beta of 1.17.

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. The Growth Index is a subset of the S&P 500 and consists of those stocks in the S&P 500 exhibiting the strongest growth characteristics.