Foster Victor Wealth Advisors LLC Trims Holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Foster Victor Wealth Advisors LLC lessened its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 7.4% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,175 shares of the company’s stock after selling 175 shares during the period. Foster Victor Wealth Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $210,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. grew its position in shares of iShares S&P 500 Growth ETF by 47.0% in the 2nd 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 stake in iShares S&P 500 Growth ETF by 35.2% during the second quarter. LPL Financial LLC now owns 15,426,906 shares of the company’s stock valued at $1,427,606,000 after purchasing an additional 4,015,007 shares during the last quarter. Envestnet Portfolio Solutions Inc. raised its holdings in shares of iShares S&P 500 Growth ETF by 60.6% during 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 period. Cetera Investment Advisers raised its holdings 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 worth $214,926,000 after purchasing an additional 1,698,066 shares during the period. Finally, Park Avenue Securities LLC lifted its position in shares of iShares S&P 500 Growth ETF by 60.1% in the 2nd quarter. Park Avenue Securities LLC now owns 4,243,838 shares of the company’s stock worth $392,725,000 after buying an additional 1,593,875 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Up 0.1 %

Shares of NYSEARCA:IVW opened at $96.86 on Thursday. The company has a market cap of $50.74 billion, a PE ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a fifty-two week low of $65.53 and a fifty-two week high of $98.05. The firm has a 50-day simple moving average of $93.34 and a 200 day simple moving average of $89.94.

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.