Conning Inc. Trims Stock Position in iShares S&P 500 Growth ETF $IVW

Conning Inc. lessened its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 22.9% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 61,779 shares of the company’s stock after selling 18,321 shares during the quarter. Conning Inc.’s holdings in iShares S&P 500 Growth ETF were worth $6,988,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of IVW. Strive Financial Group LLC acquired a new position in iShares S&P 500 Growth ETF in the fourth quarter valued at approximately $26,000. Decker Retirement Planning Inc. acquired a new stake in shares of iShares S&P 500 Growth ETF during the 4th quarter worth approximately $28,000. Financial Network Wealth Advisors LLC increased its holdings in shares of iShares S&P 500 Growth ETF by 174.4% during the 4th quarter. Financial Network Wealth Advisors LLC now owns 225 shares of the company’s stock valued at $28,000 after purchasing an additional 143 shares in the last quarter. Turning Point Benefit Group Inc. purchased a new position in shares of iShares S&P 500 Growth ETF during the 3rd quarter valued at approximately $28,000. Finally, Darwin Wealth Management LLC acquired a new position in shares of iShares S&P 500 Growth ETF in the 2nd quarter valued at $30,000.

iShares S&P 500 Growth ETF Stock Performance

Shares of NYSEARCA IVW opened at $138.59 on Friday. The company has a market capitalization of $75.49 billion, a PE ratio of 33.33 and a beta of 1.17. The company’s fifty day moving average price is $136.32 and its 200 day moving average price is $126.62. iShares S&P 500 Growth ETF has a 1 year low of $108.13 and a 1 year high of $141.98.

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.