iShares S&P 500 Growth ETF $IVW Shares Sold by CGN Advisors LLC

CGN Advisors LLC reduced its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 6.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 6,169 shares of the company’s stock after selling 407 shares during the quarter. CGN Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $679,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Envestnet Asset Management Inc. grew its position in iShares S&P 500 Growth ETF by 5.1% during the first quarter. Envestnet Asset Management Inc. now owns 48,079,544 shares of the company’s stock worth $4,463,224,000 after buying an additional 2,350,072 shares during the period. LPL Financial LLC grew its position in iShares S&P 500 Growth ETF by 5.5% during the first quarter. LPL Financial LLC now owns 18,929,345 shares of the company’s stock worth $1,757,211,000 after buying an additional 988,955 shares during the period. Goldman Sachs Group Inc. grew its position in iShares S&P 500 Growth ETF by 4.4% during the first quarter. Goldman Sachs Group Inc. now owns 6,639,595 shares of the company’s stock worth $616,354,000 after buying an additional 279,859 shares during the period. Park Avenue Securities LLC grew its position in iShares S&P 500 Growth ETF by 3.3% during the first quarter. Park Avenue Securities LLC now owns 3,942,984 shares of the company’s stock worth $366,027,000 after buying an additional 125,442 shares during the period. Finally, Commonwealth Equity Services LLC grew its position in iShares S&P 500 Growth ETF by 4.3% during the first quarter. Commonwealth Equity Services LLC now owns 3,533,251 shares of the company’s stock worth $327,992,000 after buying an additional 147,169 shares during the period.

iShares S&P 500 Growth ETF Price Performance

IVW stock opened at $120.41 on Wednesday. The company’s 50 day simple moving average is $115.43 and its 200-day simple moving average is $104.89. The firm has a market capitalization of $65.98 billion, a PE ratio of 33.33 and a beta of 1.05. iShares S&P 500 Growth ETF has a 12 month low of $79.31 and a 12 month high of $121.77.

iShares S&P 500 Growth ETF Company 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.