Bank of Montreal Can Cuts Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Bank of Montreal Can cut its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1.7% during the third quarter, HoldingsChannel reports. The fund owned 619,382 shares of the company’s stock after selling 10,614 shares during the quarter. Bank of Montreal Can’s holdings in iShares S&P 500 Growth ETF were worth $59,002,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Capital Square LLC increased its holdings in shares of iShares S&P 500 Growth ETF by 2.3% in the 3rd quarter. Capital Square LLC now owns 14,870 shares of the company’s stock valued at $1,424,000 after acquiring an additional 339 shares during the period. Associated Banc Corp grew its stake in iShares S&P 500 Growth ETF by 2.8% during the 3rd quarter. Associated Banc Corp now owns 85,152 shares of the company’s stock worth $8,153,000 after buying an additional 2,307 shares during the last quarter. Truvestments Capital LLC grew its stake in iShares S&P 500 Growth ETF by 5.2% during the 3rd quarter. Truvestments Capital LLC now owns 2,406 shares of the company’s stock worth $230,000 after buying an additional 118 shares during the last quarter. Brown Brothers Harriman & Co. grew its stake in iShares S&P 500 Growth ETF by 0.4% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 44,700 shares of the company’s stock worth $4,280,000 after buying an additional 171 shares during the last quarter. Finally, Boston Family Office LLC grew its stake in iShares S&P 500 Growth ETF by 0.4% during the 3rd quarter. Boston Family Office LLC now owns 26,064 shares of the company’s stock worth $2,496,000 after buying an additional 105 shares during the last quarter.

iShares S&P 500 Growth ETF Price Performance

Shares of IVW stock opened at $99.93 on Thursday. iShares S&P 500 Growth ETF has a 1-year low of $71.93 and a 1-year high of $101.55. The stock’s fifty day moving average price is $97.48 and its 200 day moving average price is $93.24. The company has a market cap of $52.35 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14.

About iShares S&P 500 Growth ETF

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.