iShares S&P 500 Growth ETF (NYSEARCA:IVW) Shares Sold by Cornerstone Wealth Group LLC

Cornerstone Wealth Group LLC lessened its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 12,908 shares of the company’s stock after selling 131 shares during the quarter. Cornerstone Wealth Group LLC’s holdings in iShares S&P 500 Growth ETF were worth $1,311,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the stock. International Assets Investment Management LLC lifted its stake in iShares S&P 500 Growth ETF by 10,365.3% during the third quarter. International Assets Investment Management LLC now owns 1,584,755 shares of the company’s stock worth $151,740,000 after purchasing an additional 1,569,612 shares during the last quarter. Sanctuary Advisors LLC acquired a new stake in shares of iShares S&P 500 Growth ETF during the second quarter worth $100,688,000. The Manufacturers Life Insurance Company bought a new position in shares of iShares S&P 500 Growth ETF in the 3rd quarter worth about $82,464,000. Cetera Investment Advisers boosted its holdings in shares of iShares S&P 500 Growth ETF by 30.5% in the 2nd quarter. Cetera Investment Advisers now owns 3,320,633 shares of the company’s stock valued at $307,291,000 after buying an additional 775,318 shares during the period. Finally, NewEdge Advisors LLC boosted its holdings in shares of iShares S&P 500 Growth ETF by 87.6% in the 2nd quarter. NewEdge Advisors LLC now owns 1,485,754 shares of the company’s stock valued at $137,492,000 after buying an additional 693,848 shares during the period.

iShares S&P 500 Growth ETF Stock Down 0.4 %

IVW opened at $106.26 on Monday. The company’s 50-day moving average price is $102.67 and its 200 day moving average price is $97.06. iShares S&P 500 Growth ETF has a fifty-two week low of $77.20 and a fifty-two week high of $107.14. The firm has a market cap of $55.67 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14.

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.