iShares S&P 500 Growth ETF (NYSEARCA:IVW) is Summit Investment Advisory Services LLC’s 7th Largest Position

Summit Investment Advisory Services LLC lowered its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 0.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 73,658 shares of the company’s stock after selling 467 shares during the period. iShares S&P 500 Growth ETF makes up approximately 3.9% of Summit Investment Advisory Services LLC’s portfolio, making the stock its 7th biggest holding. Summit Investment Advisory Services LLC’s holdings in iShares S&P 500 Growth ETF were worth $7,478,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. River Street Advisors LLC boosted its stake in shares of iShares S&P 500 Growth ETF by 17.5% in the third quarter. River Street Advisors LLC now owns 9,981 shares of the company’s stock valued at $956,000 after buying an additional 1,483 shares in the last quarter. NewEdge Advisors LLC boosted its position in shares of iShares S&P 500 Growth ETF by 87.6% during the 2nd quarter. NewEdge Advisors LLC now owns 1,485,754 shares of the company’s stock worth $137,492,000 after purchasing an additional 693,848 shares in the last quarter. Citigroup Inc. increased its holdings in shares of iShares S&P 500 Growth ETF by 11.5% in the 3rd quarter. Citigroup Inc. now owns 336,250 shares of the company’s stock valued at $32,196,000 after purchasing an additional 34,624 shares in the last quarter. Insigneo Advisory Services LLC purchased a new position in iShares S&P 500 Growth ETF in the second quarter valued at about $329,000. Finally, Tompkins Financial Corp boosted its stake in shares of iShares S&P 500 Growth ETF by 31.0% during the 4th quarter. Tompkins Financial Corp now owns 12,404 shares of the company’s stock worth $1,259,000 after acquiring an additional 2,936 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Down 0.4 %

iShares S&P 500 Growth ETF stock opened at $106.26 on Friday. The firm has a market capitalization of $55.67 billion, a PE ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a 52 week low of $77.20 and a 52 week high of $107.14. The firm’s 50-day simple moving average is $102.67 and its 200 day simple moving average is $97.05.

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.