FineMark National Bank & Trust Sells 1,247 Shares of iShares S&P 500 Growth ETF $IVW

FineMark National Bank & Trust lessened its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 83,883 shares of the company’s stock after selling 1,247 shares during the quarter. FineMark National Bank & Trust’s holdings in iShares S&P 500 Growth ETF were worth $9,236,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Copperleaf Capital LLC raised its position in shares of iShares S&P 500 Growth ETF by 1.0% during the second quarter. Copperleaf Capital LLC now owns 51,678 shares of the company’s stock worth $5,690,000 after purchasing an additional 487 shares during the period. North Forty Two & Co. bought a new position in iShares S&P 500 Growth ETF in the second quarter valued at approximately $217,000. Pineridge Advisors LLC boosted its holdings in shares of iShares S&P 500 Growth ETF by 3,526.7% in the second quarter. Pineridge Advisors LLC now owns 1,088 shares of the company’s stock valued at $120,000 after buying an additional 1,058 shares during the period. FSC Wealth Advisors LLC bought a new stake in shares of iShares S&P 500 Growth ETF during the second quarter worth $4,038,000. Finally, Cordatus Wealth Management LLC bought a new stake in shares of iShares S&P 500 Growth ETF during the second quarter worth $242,000.

iShares S&P 500 Growth ETF Trading Down 1.1%

IVW opened at $118.69 on Wednesday. The stock has a market capitalization of $64.43 billion, a P/E ratio of 33.33 and a beta of 1.11. iShares S&P 500 Growth ETF has a 12 month low of $79.31 and a 12 month high of $126.61. The firm’s fifty day simple moving average is $121.36 and its 200 day simple moving average is $113.48.

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.