D.A. Davidson & CO. Reduces Stock Holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

D.A. Davidson & CO. lowered its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 7.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 79,208 shares of the company’s stock after selling 6,736 shares during the quarter. D.A. Davidson & CO.’s holdings in iShares S&P 500 Growth ETF were worth $7,584,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Envestnet Asset Management Inc. lifted its holdings in iShares S&P 500 Growth ETF by 47.0% in the second quarter. Envestnet Asset Management Inc. now owns 49,022,359 shares of the company’s stock valued at $4,536,529,000 after acquiring an additional 15,673,824 shares during the period. LPL Financial LLC boosted its holdings in iShares S&P 500 Growth ETF by 35.2% during the second quarter. LPL Financial LLC now owns 15,426,906 shares of the company’s stock worth $1,427,606,000 after buying an additional 4,015,007 shares in the last quarter. Envestnet Portfolio Solutions Inc. grew its position in iShares S&P 500 Growth ETF by 60.6% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 6,371,552 shares of the company’s stock valued at $589,623,000 after buying an additional 2,404,544 shares during the period. Cetera Investment Advisers increased its holdings in iShares S&P 500 Growth ETF by 200.4% in the first quarter. Cetera Investment Advisers now owns 2,545,315 shares of the company’s stock valued at $214,926,000 after buying an additional 1,698,066 shares in the last quarter. Finally, Park Avenue Securities LLC raised its position in shares of iShares S&P 500 Growth ETF by 60.1% in the second quarter. Park Avenue Securities LLC now owns 4,243,838 shares of the company’s stock worth $392,725,000 after acquiring an additional 1,593,875 shares during the period.

iShares S&P 500 Growth ETF Stock Down 0.7 %

IVW stock opened at $99.93 on Thursday. iShares S&P 500 Growth ETF has a 52-week low of $71.93 and a 52-week high of $101.55. The company’s 50-day simple moving average is $97.48 and its 200-day simple moving average is $93.24. The firm has a market cap of $52.35 billion, a P/E 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.