Sandy Spring Bank Decreases Stake in iShares S&P 500 Growth ETF (IVW)

Sandy Spring Bank decreased its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 6.8% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,930 shares of the company’s stock after selling 215 shares during the quarter. Sandy Spring Bank’s holdings in iShares S&P 500 Growth ETF were worth $505,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Bank of America Corp DE lifted its holdings in shares of iShares S&P 500 Growth ETF by 2.8% in the 4th quarter. Bank of America Corp DE now owns 5,696,908 shares of the company’s stock worth $858,353,000 after purchasing an additional 155,260 shares during the last quarter. Jones Financial Companies Lllp lifted its holdings in shares of iShares S&P 500 Growth ETF by 0.7% in the 1st quarter. Jones Financial Companies Lllp now owns 3,403,829 shares of the company’s stock worth $586,684,000 after purchasing an additional 22,710 shares during the last quarter. Ellis Investment Partners LLC lifted its holdings in shares of iShares S&P 500 Growth ETF by 17,384.5% in the 1st quarter. Ellis Investment Partners LLC now owns 2,927,087 shares of the company’s stock worth $2,927,000 after purchasing an additional 2,910,346 shares during the last quarter. PNC Financial Services Group Inc. lifted its holdings in shares of iShares S&P 500 Growth ETF by 56.9% in the 4th quarter. PNC Financial Services Group Inc. now owns 2,679,058 shares of the company’s stock worth $403,654,000 after purchasing an additional 971,693 shares during the last quarter. Finally, LPL Financial LLC lifted its holdings in shares of iShares S&P 500 Growth ETF by 3.9% in the 4th quarter. LPL Financial LLC now owns 2,469,242 shares of the company’s stock worth $372,041,000 after purchasing an additional 92,302 shares during the last quarter.

Shares of NYSEARCA IVW opened at $172.83 on Wednesday. iShares S&P 500 Growth ETF has a 12-month low of $140.49 and a 12-month high of $179.53.

COPYRIGHT VIOLATION NOTICE: “Sandy Spring Bank Decreases Stake in iShares S&P 500 Growth ETF (IVW)” was reported by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are reading this story on another site, it was illegally copied and reposted in violation of US and international copyright & trademark laws. The correct version of this story can be accessed at https://www.dispatchtribunal.com/2019/05/15/sandy-spring-bank-decreases-stake-in-ishares-sp-500-growth-etf-ivw.html.

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.

Recommended Story: Momentum Indicator: Relative Strength Index

Want to see what other hedge funds are holding IVW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares S&P 500 Growth ETF (NYSEARCA:IVW).

Institutional Ownership by Quarter for iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Receive News & Ratings for iShares S&P 500 Growth ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares S&P 500 Growth ETF and related companies with MarketBeat.com's FREE daily email newsletter.