Prime Capital Investment Advisors LLC Sells 6,320 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Prime Capital Investment Advisors LLC trimmed its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 5.3% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 113,396 shares of the company’s stock after selling 6,320 shares during the period. Prime Capital Investment Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $10,858,000 as of its most recent SEC filing.

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

iShares S&P 500 Growth ETF Trading Up 0.2 %

NYSEARCA IVW traded up $0.19 during trading on Tuesday, hitting $101.21. The company had a trading volume of 145,775 shares, compared to its average volume of 2,907,762. The company’s fifty day moving average is $95.43 and its 200-day moving average is $91.90. iShares S&P 500 Growth ETF has a one year low of $70.30 and a one year high of $101.43. The company has a market cap of $53.02 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.