iShares S&P 500 Growth ETF (NYSEARCA:IVW) Shares Sold by Capital Investment Counsel LLC

Capital Investment Counsel LLC trimmed its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 35.5% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 3,752 shares of the company’s stock after selling 2,063 shares during the period. Capital Investment Counsel LLC’s holdings in iShares S&P 500 Growth ETF were worth $381,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in IVW. Truist Financial Corp lifted its holdings in iShares S&P 500 Growth ETF by 1.9% in the 2nd quarter. Truist Financial Corp now owns 1,198,254 shares of the company’s stock valued at $110,886,000 after purchasing an additional 22,452 shares in the last quarter. Cetera Investment Advisers boosted its position in iShares S&P 500 Growth ETF by 30.5% during the second quarter. Cetera Investment Advisers now owns 3,320,633 shares of the company’s stock worth $307,291,000 after acquiring an additional 775,318 shares during the last quarter. New Century Financial Group LLC purchased a new stake in iShares S&P 500 Growth ETF during the 2nd quarter valued at about $4,626,000. RiverFront Investment Group LLC raised its holdings in iShares S&P 500 Growth ETF by 39.7% in the 2nd quarter. RiverFront Investment Group LLC now owns 13,396 shares of the company’s stock valued at $1,240,000 after acquiring an additional 3,805 shares during the last quarter. Finally, Farmers National Bank lifted its stake in iShares S&P 500 Growth ETF by 32.3% in the 2nd quarter. Farmers National Bank now owns 4,532 shares of the company’s stock worth $419,000 after purchasing an additional 1,106 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Performance

NYSEARCA IVW opened at $104.48 on Wednesday. The stock’s fifty day moving average is $102.75 and its two-hundred day moving average is $97.11. The firm has a market capitalization of $54.74 billion, a P/E ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a fifty-two week low of $77.20 and a fifty-two week high of $107.14.

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.