iShares S&P 500 Growth ETF $IVW Shares Sold by Arvest Bank Trust Division

Arvest Bank Trust Division lowered its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 48.8% in the first quarter, Holdings Channel.com reports. The institutional investor owned 59,991 shares of the company’s stock after selling 57,234 shares during the period. Arvest Bank Trust Division’s holdings in iShares S&P 500 Growth ETF were worth $6,786,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of IVW. Strive Financial Group LLC acquired a new stake in iShares S&P 500 Growth ETF during the 4th quarter worth approximately $26,000. Decker Retirement Planning Inc. acquired a new position in shares of iShares S&P 500 Growth ETF in the fourth quarter valued at approximately $28,000. Financial Network Wealth Advisors LLC increased its holdings in shares of iShares S&P 500 Growth ETF by 174.4% in the fourth 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 during the period. Turning Point Benefit Group Inc. purchased a new stake in shares of iShares S&P 500 Growth ETF during the third quarter worth approximately $28,000. Finally, Darwin Wealth Management LLC acquired a new stake in shares of iShares S&P 500 Growth ETF during the second quarter worth $30,000.

iShares S&P 500 Growth ETF Price Performance

NYSEARCA:IVW opened at $136.34 on Wednesday. The firm’s fifty day moving average price is $136.66 and its 200 day moving average price is $127.22. iShares S&P 500 Growth ETF has a 1-year low of $108.13 and a 1-year high of $141.98. The firm has a market cap of $74.43 billion, a price-to-earnings ratio of 33.33 and a beta of 1.17.

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.