iShares S&P 500 Growth ETF (NYSEARCA:IVW) Shares Sold by Sterling Investment Advisors LLC ADV

Sterling Investment Advisors LLC ADV cut its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 8.1% in the 4th quarter, Holdings Channel reports. The institutional investor owned 10,119 shares of the company’s stock after selling 892 shares during the quarter. iShares S&P 500 Growth ETF makes up 0.6% of Sterling Investment Advisors LLC ADV’s holdings, making the stock its 19th biggest holding. Sterling Investment Advisors LLC ADV’s holdings in iShares S&P 500 Growth ETF were worth $1,027,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in IVW. LPL Financial LLC raised its holdings in shares of iShares S&P 500 Growth ETF by 1.7% in the 3rd quarter. LPL Financial LLC now owns 15,682,897 shares of the company’s stock worth $1,501,637,000 after purchasing an additional 255,991 shares during the period. Stifel Financial Corp increased its position in shares of iShares S&P 500 Growth ETF by 0.3% in the third quarter. Stifel Financial Corp now owns 7,475,408 shares of the company’s stock worth $715,775,000 after acquiring an additional 22,565 shares in the last quarter. Ameriprise Financial Inc. lifted its holdings in shares of iShares S&P 500 Growth ETF by 6.8% during the 2nd quarter. Ameriprise Financial Inc. now owns 7,363,062 shares of the company’s stock valued at $680,575,000 after acquiring an additional 467,356 shares in the last quarter. PNC Financial Services Group Inc. increased its holdings in iShares S&P 500 Growth ETF by 2.6% in the 3rd quarter. PNC Financial Services Group Inc. now owns 5,329,231 shares of the company’s stock valued at $510,274,000 after purchasing an additional 134,169 shares in the last quarter. Finally, Park Avenue Securities LLC raised its position in iShares S&P 500 Growth ETF by 0.4% in the fourth quarter. Park Avenue Securities LLC now owns 3,817,542 shares of the company’s stock valued at $387,595,000 after purchasing an additional 15,623 shares during the period.

iShares S&P 500 Growth ETF Stock Performance

Shares of NYSEARCA:IVW opened at $102.91 on Thursday. The company has a market cap of $53.91 billion, a P/E ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a one year low of $74.61 and a one year high of $105.64. The business’s 50-day simple moving average is $101.99 and its 200 day simple moving average is $96.53.

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.