Goldman Sachs Group Inc. Has $368.41 Million Stock Position in iShares S&P 500 Growth ETF $IVW

Goldman Sachs Group Inc. lowered its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 33.8% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 2,988,921 shares of the company’s stock after selling 1,525,107 shares during the quarter. Goldman Sachs Group Inc. owned 0.56% of iShares S&P 500 Growth ETF worth $368,414,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in IVW. United Bank grew its holdings in shares of iShares S&P 500 Growth ETF by 4.6% during the 2nd quarter. United Bank now owns 52,096 shares of the company’s stock worth $5,736,000 after purchasing an additional 2,280 shares in the last quarter. Schnieders Capital Management LLC. acquired a new stake in shares of iShares S&P 500 Growth ETF during the 2nd quarter worth approximately $600,000. Russell Investments Group Ltd. grew its holdings in shares of iShares S&P 500 Growth ETF by 13.4% during the 2nd quarter. Russell Investments Group Ltd. now owns 5,992 shares of the company’s stock worth $660,000 after purchasing an additional 707 shares in the last quarter. First Trust Advisors LP grew its holdings in shares of iShares S&P 500 Growth ETF by 15.4% during the 2nd quarter. First Trust Advisors LP now owns 31,834 shares of the company’s stock worth $3,505,000 after purchasing an additional 4,238 shares in the last quarter. Finally, Flow Traders U.S. LLC acquired a new stake in shares of iShares S&P 500 Growth ETF during the 2nd quarter worth approximately $244,000.

iShares S&P 500 Growth ETF Trading Down 3.8%

Shares of NYSEARCA:IVW opened at $134.60 on Friday. iShares S&P 500 Growth ETF has a 1-year low of $104.21 and a 1-year high of $141.98. The firm has a market capitalization of $72.95 billion, a PE ratio of 33.33 and a beta of 1.17. The business’s 50 day moving average is $129.14 and its 200-day moving average is $124.23.

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.