CFS Investment Advisory Services LLC Reduces Stock Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

CFS Investment Advisory Services LLC decreased its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 6.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 188,368 shares of the company’s stock after selling 12,284 shares during the quarter. iShares S&P 500 Growth ETF accounts for about 1.7% of CFS Investment Advisory Services LLC’s holdings, making the stock its 12th biggest position. CFS Investment Advisory Services LLC’s holdings in iShares S&P 500 Growth ETF were worth $19,125,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of the company. LPL Financial LLC boosted its position in iShares S&P 500 Growth ETF by 1.7% during 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 in the last quarter. Stifel Financial Corp boosted its position in shares of iShares S&P 500 Growth ETF by 0.3% in 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 in the last quarter. Ameriprise Financial Inc. grew its stake in iShares S&P 500 Growth ETF by 6.8% in 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 last quarter. PNC Financial Services Group Inc. increased its holdings in iShares S&P 500 Growth ETF by 2.6% during 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 in the last quarter. Finally, Park Avenue Securities LLC increased its holdings in iShares S&P 500 Growth ETF by 0.4% during the 4th quarter. Park Avenue Securities LLC now owns 3,817,542 shares of the company’s stock valued at $387,595,000 after acquiring an additional 15,623 shares in the last quarter.

iShares S&P 500 Growth ETF Price Performance

Shares of NYSEARCA IVW opened at $106.26 on Friday. The firm’s 50-day moving average is $102.67 and its two-hundred day moving average is $97.05. The company has a market capitalization of $55.67 billion, a PE ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a 12-month low of $77.20 and a 12-month high of $107.14.

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.