WealthPlan Investment Management LLC Trims Stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

WealthPlan Investment Management LLC reduced its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 5.3% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 3,256 shares of the company’s stock after selling 181 shares during the period. WealthPlan Investment Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $275,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in IVW. Envestnet Portfolio Solutions Inc. increased its position in iShares S&P 500 Growth ETF by 96.5% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 3,967,008 shares of the company’s stock valued at $334,974,000 after acquiring an additional 1,948,478 shares during the period. CWM LLC increased its position in iShares S&P 500 Growth ETF by 57.0% in the 1st quarter. CWM LLC now owns 4,419,212 shares of the company’s stock valued at $373,158,000 after acquiring an additional 1,604,659 shares during the period. Park Avenue Securities LLC increased its position in iShares S&P 500 Growth ETF by 145.0% in the 1st quarter. Park Avenue Securities LLC now owns 2,649,963 shares of the company’s stock valued at $223,763,000 after acquiring an additional 1,568,156 shares during the period. Midland Wealth Advisors LLC acquired a new position in iShares S&P 500 Growth ETF in the 4th quarter valued at about $100,134,000. Finally, International Assets Investment Management LLC increased its position in iShares S&P 500 Growth ETF by 7,411.0% in the 4th quarter. International Assets Investment Management LLC now owns 1,007,681 shares of the company’s stock valued at $75,677,000 after acquiring an additional 994,265 shares during the period.

iShares S&P 500 Growth ETF Stock Down 1.9 %

IVW stock traded down $1.72 during trading on Thursday, hitting $89.57. The company had a trading volume of 3,566,411 shares, compared to its average volume of 3,256,257. The firm has a 50-day moving average price of $91.68 and a 200-day moving average price of $85.56. iShares S&P 500 Growth ETF has a 1-year low of $65.53 and a 1-year high of $97.22. The firm has a market cap of $46.93 billion, a PE ratio of 28.52 and a beta of 1.14.

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.