iShares S&P 500 Growth ETF (NYSEARCA:IVW) Shares Sold by Gallacher Capital Management LLC

Gallacher Capital Management LLC trimmed its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 7.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 58,171 shares of the company’s stock after selling 4,889 shares during the period. iShares S&P 500 Growth ETF makes up approximately 2.4% of Gallacher Capital Management LLC’s portfolio, making the stock its 6th biggest position. Gallacher Capital Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $4,369,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its position in shares of iShares S&P 500 Growth ETF by 0.5% during the third quarter. JPMorgan Chase & Co. now owns 43,367,674 shares of the company’s stock valued at $2,967,216,000 after buying an additional 229,932 shares during the last quarter. Morgan Stanley boosted its position in iShares S&P 500 Growth ETF by 5.5% in the third quarter. Morgan Stanley now owns 29,378,514 shares of the company’s stock worth $2,010,078,000 after purchasing an additional 1,542,503 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in iShares S&P 500 Growth ETF by 54.8% in the 3rd quarter. Envestnet Asset Management Inc. now owns 21,690,571 shares of the company’s stock valued at $1,484,069,000 after purchasing an additional 7,681,845 shares during the period. Jones Financial Companies Lllp increased its position in shares of iShares S&P 500 Growth ETF by 0.8% during the 3rd quarter. Jones Financial Companies Lllp now owns 17,974,485 shares of the company’s stock valued at $1,229,814,000 after purchasing an additional 138,408 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its stake in shares of iShares S&P 500 Growth ETF by 8.2% during the 3rd quarter. Ameriprise Financial Inc. now owns 9,048,951 shares of the company’s stock worth $619,206,000 after purchasing an additional 682,586 shares during the period.

iShares S&P 500 Growth ETF Stock Up 1.9 %

IVW traded up $1.52 during trading on Friday, hitting $83.37. 2,580,985 shares of the company traded hands, compared to its average volume of 3,509,656. iShares S&P 500 Growth ETF has a one year low of $63.19 and a one year high of $85.56. The stock’s fifty day moving average is $83.10 and its 200 day moving average is $77.55. The firm has a market cap of $43.54 billion, a P/E ratio of 27.41 and a beta of 1.12.

iShares S&P 500 Growth ETF Company 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.