iShares S&P 500 Growth ETF $IVW Shares Sold by Citizens Financial Group Inc. RI

Citizens Financial Group Inc. RI lowered its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 4.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 207,466 shares of the company’s stock after selling 8,881 shares during the quarter. Citizens Financial Group Inc. RI’s holdings in iShares S&P 500 Growth ETF were worth $23,466,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Focus Partners Wealth raised its position in iShares S&P 500 Growth ETF by 81.0% during the fourth quarter. Focus Partners Wealth now owns 1,920,546 shares of the company’s stock worth $236,725,000 after acquiring an additional 859,584 shares during the last quarter. Fifth Third Bancorp lifted its holdings in shares of iShares S&P 500 Growth ETF by 131.3% in the first quarter. Fifth Third Bancorp now owns 1,497,810 shares of the company’s stock valued at $169,417,000 after purchasing an additional 850,349 shares in the last quarter. Valpey Financial Services LLC grew its position in shares of iShares S&P 500 Growth ETF by 11,889.3% in the fourth quarter. Valpey Financial Services LLC now owns 712,286 shares of the company’s stock valued at $87,796,000 after purchasing an additional 706,345 shares during the last quarter. Align Financial LLC purchased a new position in shares of iShares S&P 500 Growth ETF during the 4th quarter worth approximately $49,180,000. Finally, MML Investors Services LLC increased its stake in shares of iShares S&P 500 Growth ETF by 10.9% during the 4th quarter. MML Investors Services LLC now owns 3,645,204 shares of the company’s stock worth $449,308,000 after purchasing an additional 358,496 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Performance

IVW stock traded up $0.82 on Friday, reaching $138.59. The company had a trading volume of 1,005,223 shares, compared to its average volume of 3,851,213. iShares S&P 500 Growth ETF has a 1 year low of $108.13 and a 1 year high of $141.98. The company’s fifty day moving average is $136.32 and its 200 day moving average is $126.62. The company has a market cap of $75.46 billion, a P/E ratio of 33.33 and a beta of 1.17.

iShares S&P 500 Growth ETF 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.