Allworth Financial LP Sells 6,128 Shares of iShares S&P 500 Growth ETF $IVW

Allworth Financial LP lessened its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1.1% in the third quarter, HoldingsChannel reports. The institutional investor owned 530,547 shares of the company’s stock after selling 6,128 shares during the quarter. Allworth Financial LP’s holdings in iShares S&P 500 Growth ETF were worth $64,048,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. IFP Advisors Inc grew its stake in iShares S&P 500 Growth ETF by 68.5% during the third quarter. IFP Advisors Inc now owns 405,029 shares of the company’s stock valued at $48,895,000 after acquiring an additional 164,703 shares in the last quarter. Cambria Investment Management L.P. boosted its holdings in shares of iShares S&P 500 Growth ETF by 216.4% during the 3rd quarter. Cambria Investment Management L.P. now owns 8,946 shares of the company’s stock valued at $1,080,000 after purchasing an additional 6,119 shares during the last quarter. KERR FINANCIAL PLANNING Corp bought a new position in shares of iShares S&P 500 Growth ETF during the 3rd quarter valued at about $127,000. Capital Square LLC grew its position in shares of iShares S&P 500 Growth ETF by 25.8% during the third quarter. Capital Square LLC now owns 21,553 shares of the company’s stock valued at $2,602,000 after purchasing an additional 4,427 shares in the last quarter. Finally, CIBC Bancorp USA Inc. purchased a new position in shares of iShares S&P 500 Growth ETF during the third quarter valued at about $10,598,000.

iShares S&P 500 Growth ETF Trading Down 1.3%

Shares of IVW stock opened at $116.86 on Thursday. The stock has a market capitalization of $62.73 billion, a price-to-earnings ratio of 33.33 and a beta of 1.11. iShares S&P 500 Growth ETF has a 12-month low of $79.31 and a 12-month high of $126.61. The stock’s 50-day moving average price is $121.28 and its 200-day moving average price is $121.48.

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. 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.