iShares S&P 500 Growth ETF (NYSEARCA:IVW) Shares Sold by Laurel Wealth Planning LLC

Laurel Wealth Planning LLC lessened its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 58,283 shares of the company’s stock after selling 710 shares during the quarter. iShares S&P 500 Growth ETF comprises 3.6% of Laurel Wealth Planning LLC’s investment portfolio, making the stock its 10th biggest holding. Laurel Wealth Planning LLC’s holdings in iShares S&P 500 Growth ETF were worth $5,581,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Envestnet Asset Management Inc. increased its position in shares of iShares S&P 500 Growth ETF by 47.0% during the second quarter. Envestnet Asset Management Inc. now owns 49,022,359 shares of the company’s stock worth $4,536,529,000 after acquiring an additional 15,673,824 shares in the last quarter. LPL Financial LLC increased its holdings in iShares S&P 500 Growth ETF by 35.2% during the 2nd quarter. LPL Financial LLC now owns 15,426,906 shares of the company’s stock worth $1,427,606,000 after purchasing an additional 4,015,007 shares in the last quarter. Envestnet Portfolio Solutions Inc. raised its stake in shares of iShares S&P 500 Growth ETF by 60.6% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 6,371,552 shares of the company’s stock worth $589,623,000 after purchasing an additional 2,404,544 shares during the last quarter. Cetera Investment Advisers lifted its position in shares of iShares S&P 500 Growth ETF by 200.4% during the first quarter. Cetera Investment Advisers now owns 2,545,315 shares of the company’s stock valued at $214,926,000 after purchasing an additional 1,698,066 shares in the last quarter. Finally, Park Avenue Securities LLC boosted its holdings 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.

iShares S&P 500 Growth ETF Stock Performance

NYSEARCA:IVW traded up $0.81 on Friday, hitting $95.92. The stock had a trading volume of 80,965 shares, compared to its average volume of 2,911,586. iShares S&P 500 Growth ETF has a 1 year low of $68.16 and a 1 year high of $98.68. The firm’s fifty day simple moving average is $94.66 and its two-hundred day simple moving average is $90.91. The stock has a market cap of $50.25 billion, a P/E ratio of 28.52 and a beta of 1.14.

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.