Lowe Brockenbrough & Co. Inc. Sells 6,242 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Lowe Brockenbrough & Co. Inc. reduced its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 9.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 57,801 shares of the company’s stock after selling 6,242 shares during the quarter. Lowe Brockenbrough & Co. Inc.’s holdings in iShares S&P 500 Growth ETF were worth $5,869,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of the company. Raymond James Financial Inc. bought a new stake in shares of iShares S&P 500 Growth ETF during the 4th quarter valued at about $456,880,000. Wealthfront Advisers LLC acquired a new position in iShares S&P 500 Growth ETF in the fourth quarter valued at approximately $350,009,000. The Manufacturers Life Insurance Company bought a new position in shares of iShares S&P 500 Growth ETF during the 3rd quarter worth approximately $82,464,000. Arvest Bank Trust Division acquired a new stake in shares of iShares S&P 500 Growth ETF during the 3rd quarter worth approximately $56,971,000. Finally, Strategic Financial Concepts LLC increased its stake in shares of iShares S&P 500 Growth ETF by 10,066.9% in the 4th quarter. Strategic Financial Concepts LLC now owns 425,892 shares of the company’s stock valued at $479,000 after acquiring an additional 421,703 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Down 0.2 %

iShares S&P 500 Growth ETF stock opened at $94.58 on Friday. The company has a market capitalization of $52.23 billion, a PE ratio of 30.05 and a beta of 1.08. iShares S&P 500 Growth ETF has a 12-month low of $79.07 and a 12-month high of $107.14. The firm’s fifty day moving average is $101.60 and its 200 day moving average is $99.58.

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.