Mcmorgan & Co. LLC Trims Stake in iShares S&P 500 Growth ETF $IVW

Mcmorgan & Co. LLC decreased its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVWFree Report) by 4.8% during the second quarter, Holdings Channel.com reports. The firm owned 186,940 shares of the company’s stock after selling 9,374 shares during the period. iShares S&P 500 Growth ETF accounts for about 3.9% of Mcmorgan & Co. LLC’s portfolio, making the stock its 9th largest position. Mcmorgan & Co. LLC’s holdings in iShares S&P 500 Growth ETF were worth $25,710,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of the business. Decker Wealth Management LLC bought a new stake in shares of iShares S&P 500 Growth ETF in the 1st quarter worth about $2,991,000. Chatterton & Associates Inc. lifted its stake in iShares S&P 500 Growth ETF by 33.5% in the first quarter. Chatterton & Associates Inc. now owns 44,180 shares of the company’s stock worth $5,306,000 after purchasing an additional 11,089 shares during the last quarter. Pinkerton Wealth LLC boosted its position in shares of iShares S&P 500 Growth ETF by 4.3% during the fourth quarter. Pinkerton Wealth LLC now owns 215,108 shares of the company’s stock valued at $26,514,000 after buying an additional 8,870 shares during the period. Arcadia Wealth Management LLC grew its stake in shares of iShares S&P 500 Growth ETF by 68.2% during the second quarter. Arcadia Wealth Management LLC now owns 19,508 shares of the company’s stock valued at $2,683,000 after buying an additional 7,908 shares during the last quarter. Finally, MML Investors Services LLC grew its stake in shares of iShares S&P 500 Growth ETF by 10.9% during the fourth quarter. MML Investors Services LLC now owns 3,645,204 shares of the company’s stock valued at $449,308,000 after buying an additional 358,496 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Performance

Shares of IVW stock opened at $140.02 on Friday. iShares S&P 500 Growth ETF has a 52-week low of $108.13 and a 52-week high of $143.26. The firm has a market capitalization of $76.44 billion, a P/E ratio of 33.33 and a beta of 1.17. The stock has a 50 day moving average price of $137.24 and a 200 day moving average price of $130.10.

iShares S&P 500 Growth ETF Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding IVW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares S&P 500 Growth ETF (NYSEARCA:IVWFree Report).

Institutional Ownership by Quarter for iShares S&P 500 Growth ETF (NYSEARCA:IVW)

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