CFS Investment Advisory Services LLC lessened its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW – Free Report) by 2.8% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 167,625 shares of the company’s stock after selling 4,895 shares during the quarter. iShares S&P 500 Growth ETF makes up approximately 1.3% of CFS Investment Advisory Services LLC’s holdings, making the stock its 15th largest holding. CFS Investment Advisory Services LLC’s holdings in iShares S&P 500 Growth ETF were worth $18,960,000 at the end of the most recent reporting period.
Other institutional investors have also recently added to or reduced their stakes in the company. Brookstone Capital Management boosted its position in shares of iShares S&P 500 Growth ETF by 5.7% in the fourth quarter. Brookstone Capital Management now owns 237,167 shares of the company’s stock worth $29,233,000 after acquiring an additional 12,778 shares during the last quarter. Capital Advantage Inc. grew its stake in shares of iShares S&P 500 Growth ETF by 40.9% during the 4th quarter. Capital Advantage Inc. now owns 25,498 shares of the company’s stock valued at $3,143,000 after buying an additional 7,396 shares during the period. Lido Advisors LLC grew its stake in shares of iShares S&P 500 Growth ETF by 6.5% during the 3rd quarter. Lido Advisors LLC now owns 3,639,449 shares of the company’s stock valued at $439,354,000 after buying an additional 221,311 shares during the period. Chatterton & Associates Inc. increased its holdings in shares of iShares S&P 500 Growth ETF by 33.5% during the 1st quarter. Chatterton & Associates Inc. now owns 44,180 shares of the company’s stock worth $5,306,000 after buying an additional 11,089 shares during the last quarter. Finally, Embree Financial Group increased its holdings in shares of iShares S&P 500 Growth ETF by 61.2% during the 4th quarter. Embree Financial Group now owns 61,699 shares of the company’s stock worth $7,605,000 after buying an additional 23,416 shares during the last quarter.
iShares S&P 500 Growth ETF Trading Up 0.1%
Shares of IVW opened at $136.25 on Thursday. iShares S&P 500 Growth ETF has a twelve month low of $108.13 and a twelve month high of $141.98. The firm has a market capitalization of $74.22 billion, a P/E ratio of 33.33 and a beta of 1.17. The stock’s fifty day simple moving average is $135.96 and its 200 day simple moving average is $126.43.
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. 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.
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