Private Wealth Advisors LLC Sells 1,393 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Private Wealth Advisors LLC reduced its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1.9% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 71,925 shares of the company’s stock after selling 1,393 shares during the quarter. iShares S&P 500 Growth ETF makes up 2.6% of Private Wealth Advisors LLC’s portfolio, making the stock its 10th biggest position. Private Wealth Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $6,790,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of IVW. Envestnet Asset Management Inc. boosted its stake in iShares S&P 500 Growth ETF by 47.0% in the second quarter. Envestnet Asset Management Inc. now owns 49,022,359 shares of the company’s stock valued at $4,536,529,000 after acquiring an additional 15,673,824 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of iShares S&P 500 Growth ETF by 1.5% in the 1st quarter. JPMorgan Chase & Co. now owns 46,660,015 shares of the company’s stock worth $3,939,972,000 after purchasing an additional 709,113 shares during the last quarter. LPL Financial LLC boosted its position in iShares S&P 500 Growth ETF by 35.2% during the 2nd 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 period. Ameriprise Financial Inc. grew its stake in iShares S&P 500 Growth ETF by 6.8% during the 2nd quarter. Ameriprise Financial Inc. now owns 7,363,062 shares of the company’s stock worth $680,575,000 after buying an additional 467,356 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. increased its position in iShares S&P 500 Growth ETF by 60.6% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 6,371,552 shares of the company’s stock worth $589,623,000 after buying an additional 2,404,544 shares during the period.

iShares S&P 500 Growth ETF Stock Performance

Shares of IVW traded down $0.06 during midday trading on Tuesday, hitting $100.96. 499,572 shares of the stock traded hands, compared to its average volume of 2,909,377. The business’s 50 day moving average price is $95.43 and its two-hundred day moving average price is $91.90. The firm has a market capitalization of $52.89 billion, a PE ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a 1-year low of $70.30 and a 1-year high of $101.43.

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.