Sharkey Howes & Javer Cuts Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Sharkey Howes & Javer reduced its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 6.1% in the 3rd quarter, Holdings Channel.com reports. The fund owned 283,557 shares of the company’s stock after selling 18,313 shares during the period. iShares S&P 500 Growth ETF makes up approximately 3.9% of Sharkey Howes & Javer’s portfolio, making the stock its 5th largest position. Sharkey Howes & Javer’s holdings in iShares S&P 500 Growth ETF were worth $27,151,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Envestnet Asset Management Inc. raised its stake in shares of iShares S&P 500 Growth ETF by 47.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 49,022,359 shares of the company’s stock worth $4,536,529,000 after purchasing an additional 15,673,824 shares in the last quarter. LPL Financial LLC raised its position in iShares S&P 500 Growth ETF by 35.2% during the second 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 in the last quarter. Envestnet Portfolio Solutions Inc. lifted its stake in iShares S&P 500 Growth ETF by 60.6% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 6,371,552 shares of the company’s stock valued at $589,623,000 after acquiring an additional 2,404,544 shares during the last quarter. Cetera Investment Advisers grew its position in shares of iShares S&P 500 Growth ETF by 200.4% in the 1st 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 during the period. Finally, Park Avenue Securities LLC increased its stake in shares of iShares S&P 500 Growth ETF by 60.1% during the 2nd quarter. Park Avenue Securities LLC now owns 4,243,838 shares of the company’s stock worth $392,725,000 after purchasing an additional 1,593,875 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Down 0.1 %

Shares of IVW stock traded down $0.07 on Monday, reaching $97.45. The stock had a trading volume of 490,544 shares, compared to its average volume of 2,955,522. iShares S&P 500 Growth ETF has a 12 month low of $65.53 and a 12 month high of $98.05. The firm has a market capitalization of $51.05 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. The firm’s 50-day moving average is $93.72 and its two-hundred day moving average is $90.16.

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.