Payden & Rygel Trims Stock Holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Payden & Rygel reduced its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 90.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,296 shares of the company’s stock after selling 92,505 shares during the quarter. Payden & Rygel’s holdings in iShares S&P 500 Growth ETF were worth $1,045,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the business. Edgestream Partners L.P. boosted its position in shares of iShares S&P 500 Growth ETF by 5.2% in the third quarter. Edgestream Partners L.P. now owns 5,787 shares of the company’s stock valued at $554,000 after acquiring an additional 287 shares during the period. Benjamin Edwards Inc. bought a new position in iShares S&P 500 Growth ETF in the 3rd quarter valued at $879,000. Hilltop Holdings Inc. grew its position in shares of iShares S&P 500 Growth ETF by 15.7% during the 3rd quarter. Hilltop Holdings Inc. now owns 4,284 shares of the company’s stock valued at $410,000 after purchasing an additional 581 shares in the last quarter. Quantinno Capital Management LP increased its holdings in shares of iShares S&P 500 Growth ETF by 16.1% in the third quarter. Quantinno Capital Management LP now owns 61,923 shares of the company’s stock worth $5,929,000 after purchasing an additional 8,582 shares during the period. Finally, Quadrature Capital Ltd purchased a new stake in shares of iShares S&P 500 Growth ETF in the third quarter worth $438,000.

iShares S&P 500 Growth ETF Stock Performance

NYSEARCA:IVW opened at $83.65 on Friday. The firm has a market capitalization of $46.05 billion, a price-to-earnings ratio of 30.22 and a beta of 1.08. The stock has a fifty day moving average of $99.33 and a 200 day moving average of $99.74. iShares S&P 500 Growth ETF has a 52-week low of $79.07 and a 52-week high of $107.14.

iShares S&P 500 Growth ETF Company 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.