Raymond James Financial Services Advisors Inc. Sells 310,395 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Raymond James Financial Services Advisors Inc. lowered its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVWFree Report) by 11.4% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,408,561 shares of the company’s stock after selling 310,395 shares during the period. Raymond James Financial Services Advisors Inc. owned 0.46% of iShares S&P 500 Growth ETF worth $203,379,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of IVW. Western Wealth Management LLC grew its position in shares of iShares S&P 500 Growth ETF by 2.8% during the 3rd quarter. Western Wealth Management LLC now owns 229,483 shares of the company’s stock worth $15,701,000 after buying an additional 6,320 shares during the period. TrueWealth Advisors LLC bought a new stake in shares of iShares S&P 500 Growth ETF during the 3rd quarter valued at $204,000. Dfpg Investments LLC lifted its stake in shares of iShares S&P 500 Growth ETF by 15.0% in the 4th quarter. Dfpg Investments LLC now owns 17,478 shares of the company’s stock valued at $1,281,000 after purchasing an additional 2,277 shares during the period. Northern Trust Corp boosted its position in shares of iShares S&P 500 Growth ETF by 1.4% in the 3rd quarter. Northern Trust Corp now owns 586,956 shares of the company’s stock worth $40,160,000 after purchasing an additional 8,195 shares during the last quarter. Finally, Financial Perspectives Inc grew its stake in shares of iShares S&P 500 Growth ETF by 2.5% during the fourth quarter. Financial Perspectives Inc now owns 90,929 shares of the company’s stock worth $6,829,000 after purchasing an additional 2,209 shares during the period.

iShares S&P 500 Growth ETF Stock Performance

NYSEARCA:IVW traded down $1.50 during mid-day trading on Tuesday, hitting $81.24. The company had a trading volume of 1,790,986 shares, compared to its average volume of 3,550,264. iShares S&P 500 Growth ETF has a fifty-two week low of $63.19 and a fifty-two week high of $85.56. The firm has a market cap of $42.42 billion, a P/E ratio of 27.41 and a beta of 1.12. The business’s fifty day moving average is $83.08 and its two-hundred day moving average is $77.29.

iShares S&P 500 Growth ETF Company Profile

(Free Report)

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.

Further Reading

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

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