Clear Investment Research LLC Cuts Stock Holdings in iShares S&P 500 Growth ETF $IVW

Clear Investment Research LLC decreased its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 52.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,703 shares of the company’s stock after selling 6,213 shares during the quarter. iShares S&P 500 Growth ETF makes up approximately 0.9% of Clear Investment Research LLC’s portfolio, making the stock its 25th largest position. Clear Investment Research LLC’s holdings in iShares S&P 500 Growth ETF were worth $689,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the company. Envestnet Asset Management Inc. increased its stake in iShares S&P 500 Growth ETF by 0.4% in the 3rd quarter. Envestnet Asset Management Inc. now owns 45,556,746 shares of the company’s stock valued at $5,499,610,000 after buying an additional 179,866 shares during the last quarter. Ameriprise Financial Inc. grew its holdings in shares of iShares S&P 500 Growth ETF by 6.9% in the second quarter. Ameriprise Financial Inc. now owns 8,499,823 shares of the company’s stock valued at $935,874,000 after acquiring an additional 547,663 shares in the last quarter. PNC Financial Services Group Inc. increased its position in shares of iShares S&P 500 Growth ETF by 1.4% during the second quarter. PNC Financial Services Group Inc. now owns 5,568,243 shares of the company’s stock valued at $613,064,000 after acquiring an additional 76,455 shares during the last quarter. Commonwealth Equity Services LLC lifted its holdings in iShares S&P 500 Growth ETF by 1.9% during the second quarter. Commonwealth Equity Services LLC now owns 3,599,847 shares of the company’s stock worth $396,343,000 after acquiring an additional 66,596 shares during the period. Finally, Lido Advisors LLC lifted its holdings in iShares S&P 500 Growth ETF by 6.4% during the second quarter. Lido Advisors LLC now owns 3,418,138 shares of the company’s stock worth $376,337,000 after acquiring an additional 205,322 shares during the period.

iShares S&P 500 Growth ETF Price Performance

Shares of NYSEARCA:IVW opened at $119.01 on Tuesday. The company has a market capitalization of $63.88 billion, a PE ratio of 33.33 and a beta of 1.11. The business has a fifty day moving average price of $123.10 and a two-hundred day moving average price of $120.79. iShares S&P 500 Growth ETF has a 1 year low of $79.31 and a 1 year high of $126.61.

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. The Growth Index is a subset of the S&P 500 and consists of those stocks in the S&P 500 exhibiting the strongest growth characteristics.