iShares S&P 500 Growth ETF $IVW Shares Sold by CIBC Private Wealth Group LLC

CIBC Private Wealth Group LLC cut its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 11.4% during the third quarter, Holdings Channel.com reports. The firm owned 78,944 shares of the company’s stock after selling 10,113 shares during the quarter. CIBC Private Wealth Group LLC’s holdings in iShares S&P 500 Growth ETF were worth $9,530,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Capital Square LLC grew its stake in shares of iShares S&P 500 Growth ETF by 25.8% in the 3rd quarter. Capital Square LLC now owns 21,553 shares of the company’s stock valued at $2,602,000 after buying an additional 4,427 shares during the period. CIBC Bancorp USA Inc. purchased a new stake in shares of iShares S&P 500 Growth ETF during the 3rd quarter valued at approximately $10,598,000. Maple Capital Management Inc. purchased a new stake in shares of iShares S&P 500 Growth ETF during the 3rd quarter valued at approximately $219,000. Old North State Trust LLC lifted its holdings in iShares S&P 500 Growth ETF by 4.3% in the third quarter. Old North State Trust LLC now owns 5,268 shares of the company’s stock valued at $636,000 after acquiring an additional 218 shares during the last quarter. Finally, First Commonwealth Financial Corp PA lifted its holdings in iShares S&P 500 Growth ETF by 3.7% in the third quarter. First Commonwealth Financial Corp PA now owns 18,105 shares of the company’s stock valued at $2,186,000 after acquiring an additional 654 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Performance

Shares of iShares S&P 500 Growth ETF stock opened at $114.13 on Friday. The stock has a 50 day moving average of $120.92 and a 200 day moving average of $121.44. The firm has a market capitalization of $61.26 billion, a price-to-earnings ratio of 33.33 and a beta of 1.11. iShares S&P 500 Growth ETF has a fifty-two week low of $79.31 and a fifty-two week high of $126.61.

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.