iShares S&P 500 Growth ETF (NYSEARCA:IVW) is Commonwealth Financial Services LLC’s 8th Largest Position

Commonwealth Financial Services LLC decreased its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 3.3% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 136,938 shares of the company’s stock after selling 4,663 shares during the quarter. iShares S&P 500 Growth ETF comprises about 2.6% of Commonwealth Financial Services LLC’s investment portfolio, making the stock its 8th largest position. Commonwealth Financial Services LLC’s holdings in iShares S&P 500 Growth ETF were worth $12,928,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the business. 1620 Investment Advisors Inc. bought a new stake in iShares S&P 500 Growth ETF during the second quarter worth approximately $34,000. Financial Connections Group Inc. purchased a new stake in iShares S&P 500 Growth ETF during the 2nd quarter valued at $35,000. CarsonAllaria Wealth Management Ltd. boosted its stake in iShares S&P 500 Growth ETF by 45.5% during the first quarter. CarsonAllaria Wealth Management Ltd. now owns 400 shares of the company’s stock worth $34,000 after buying an additional 125 shares during the period. Davis Capital Management boosted its stake in iShares S&P 500 Growth ETF by 78.4% during the third quarter. Davis Capital Management now owns 412 shares of the company’s stock worth $39,000 after buying an additional 181 shares during the period. Finally, GPS Wealth Strategies Group LLC increased its position in iShares S&P 500 Growth ETF by 91.3% during the second quarter. GPS Wealth Strategies Group LLC now owns 417 shares of the company’s stock valued at $39,000 after acquiring an additional 199 shares during the last quarter.

iShares S&P 500 Growth ETF Price Performance

Shares of iShares S&P 500 Growth ETF stock traded up $0.59 during trading on Thursday, hitting $97.04. The stock had a trading volume of 141,438 shares, compared to its average volume of 2,935,633. iShares S&P 500 Growth ETF has a 12 month low of $65.53 and a 12 month high of $98.27. The firm’s fifty day simple moving average is $94.18 and its 200-day simple moving average is $90.40. The stock has a market cap of $50.84 billion, a PE ratio of 28.52 and a beta of 1.14.

iShares S&P 500 Growth ETF 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.