iShares S&P 500 Growth ETF (NYSEARCA:IVW) Stake Lessened by Retirement Planning Group LLC

Retirement Planning Group LLC cut its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 12.1% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 59,337 shares of the company’s stock after selling 8,206 shares during the period. Retirement Planning Group LLC’s holdings in iShares S&P 500 Growth ETF were worth $5,491,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its stake in iShares S&P 500 Growth ETF by 1.5% in the first quarter. JPMorgan Chase & Co. now owns 46,660,015 shares of the company’s stock worth $3,939,972,000 after purchasing an additional 709,113 shares in the last quarter. Stifel Financial Corp increased its holdings in shares of iShares S&P 500 Growth ETF by 0.8% in the 4th quarter. Stifel Financial Corp now owns 6,968,324 shares of the company’s stock valued at $523,327,000 after acquiring an additional 58,292 shares during the last quarter. CWM LLC raised its position in shares of iShares S&P 500 Growth ETF by 36.0% during the 2nd quarter. CWM LLC now owns 6,010,873 shares of the company’s stock valued at $556,246,000 after acquiring an additional 1,591,661 shares in the last quarter. Park Avenue Securities LLC lifted its stake in iShares S&P 500 Growth ETF by 60.1% during the second quarter. Park Avenue Securities LLC now owns 4,243,838 shares of the company’s stock worth $392,725,000 after purchasing an additional 1,593,875 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. lifted its stake in iShares S&P 500 Growth ETF by 96.5% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 3,967,008 shares of the company’s stock worth $334,974,000 after purchasing an additional 1,948,478 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Up 0.7 %

IVW stock traded up $0.65 during trading on Friday, hitting $88.06. 1,636,191 shares of the company’s stock traded hands, compared to its average volume of 3,292,880. The stock has a market capitalization of $46.13 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a 52 week low of $65.53 and a 52 week high of $97.22. The stock has a fifty day moving average price of $91.62 and a two-hundred day moving average price of $86.12.

iShares S&P 500 Growth ETF Company 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.