Oppenheimer Asset Management Inc. Lowers Stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Oppenheimer Asset Management Inc. reduced its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 3.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,859 shares of the company’s stock after selling 438 shares during the quarter. Oppenheimer Asset Management Inc.’s holdings in iShares S&P 500 Growth ETF were worth $1,040,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Inspire Advisors LLC lifted its position in shares of iShares S&P 500 Growth ETF by 4.4% during the third quarter. Inspire Advisors LLC now owns 2,602 shares of the company’s stock valued at $249,000 after buying an additional 109 shares during the last quarter. Annex Advisory Services LLC lifted its position in shares of iShares S&P 500 Growth ETF by 2.7% during the second quarter. Annex Advisory Services LLC now owns 4,165 shares of the company’s stock valued at $385,000 after buying an additional 110 shares during the last quarter. Savvy Advisors Inc. lifted its position in shares of iShares S&P 500 Growth ETF by 2.7% during the third quarter. Savvy Advisors Inc. now owns 4,306 shares of the company’s stock valued at $412,000 after buying an additional 112 shares during the last quarter. First National Bank & Trust Co. of Newtown lifted its position in shares of iShares S&P 500 Growth ETF by 0.6% during the third quarter. First National Bank & Trust Co. of Newtown now owns 17,821 shares of the company’s stock valued at $1,706,000 after buying an additional 115 shares during the last quarter. Finally, Massmutual Trust Co. FSB ADV raised its position in shares of iShares S&P 500 Growth ETF by 10.0% in the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 1,320 shares of the company’s stock valued at $122,000 after purchasing an additional 120 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Up 0.4 %

Shares of iShares S&P 500 Growth ETF stock opened at $98.71 on Tuesday. The firm has a market capitalization of $51.71 billion, a P/E ratio of 28.52 and a beta of 1.14. The company has a 50 day moving average price of $96.45 and a 200 day moving average price of $92.54. iShares S&P 500 Growth ETF has a 52 week low of $71.93 and a 52 week high of $101.55.

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.