Certified Advisory Corp Reduces Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Certified Advisory Corp trimmed its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 3.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 26,237 shares of the company’s stock after selling 976 shares during the period. Certified Advisory Corp’s holdings in iShares S&P 500 Growth ETF were worth $2,664,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IVW. LPL Financial LLC raised its stake in shares of iShares S&P 500 Growth ETF by 1.7% in the third quarter. LPL Financial LLC now owns 15,682,897 shares of the company’s stock worth $1,501,637,000 after purchasing an additional 255,991 shares during the last quarter. Stifel Financial Corp raised its position in iShares S&P 500 Growth ETF by 0.3% during the 3rd quarter. Stifel Financial Corp now owns 7,475,408 shares of the company’s stock worth $715,775,000 after buying an additional 22,565 shares during the last quarter. Ameriprise Financial Inc. lifted its stake in iShares S&P 500 Growth ETF by 6.8% during the 2nd quarter. Ameriprise Financial Inc. now owns 7,363,062 shares of the company’s stock valued at $680,575,000 after acquiring an additional 467,356 shares during the period. PNC Financial Services Group Inc. boosted its holdings in shares of iShares S&P 500 Growth ETF by 2.6% in the 3rd quarter. PNC Financial Services Group Inc. now owns 5,329,231 shares of the company’s stock valued at $510,274,000 after acquiring an additional 134,169 shares during the last quarter. Finally, Park Avenue Securities LLC lifted its position in iShares S&P 500 Growth ETF by 0.4% during the fourth quarter. Park Avenue Securities LLC now owns 3,817,542 shares of the company’s stock valued at $387,595,000 after purchasing an additional 15,623 shares during the period.

iShares S&P 500 Growth ETF Stock Down 0.4 %

Shares of IVW opened at $102.50 on Friday. iShares S&P 500 Growth ETF has a 52 week low of $74.61 and a 52 week high of $105.64. The stock’s 50-day moving average price is $102.07 and its 200-day moving average price is $96.57. The company has a market capitalization of $53.70 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.