Valley Wealth Managers Inc. Sells 1,796 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Valley Wealth Managers Inc. lowered its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 3.5% during the 2nd quarter, Holdings Channel reports. The fund owned 50,205 shares of the company’s stock after selling 1,796 shares during the period. Valley Wealth Managers Inc.’s holdings in iShares S&P 500 Growth ETF were worth $4,646,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its holdings in iShares S&P 500 Growth ETF by 1.5% in the first quarter. JPMorgan Chase & Co. now owns 46,660,015 shares of the company’s stock worth $3,939,972,000 after acquiring an additional 709,113 shares in the last quarter. LPL Financial LLC raised its stake in shares of iShares S&P 500 Growth ETF by 35.2% in the second quarter. LPL Financial LLC now owns 15,426,906 shares of the company’s stock worth $1,427,606,000 after purchasing an additional 4,015,007 shares during the last quarter. Stifel Financial Corp raised its stake in shares of iShares S&P 500 Growth ETF by 0.8% in the fourth quarter. Stifel Financial Corp now owns 6,968,324 shares of the company’s stock worth $523,327,000 after purchasing an additional 58,292 shares during the last quarter. Envestnet Portfolio Solutions Inc. raised its stake in shares of 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 worth $589,623,000 after purchasing an additional 2,404,544 shares during the last quarter. Finally, CWM LLC raised its stake in shares of iShares S&P 500 Growth ETF by 36.0% in the second quarter. CWM LLC now owns 6,010,873 shares of the company’s stock worth $556,246,000 after purchasing an additional 1,591,661 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Up 1.1 %

Shares of iShares S&P 500 Growth ETF stock opened at $92.92 on Friday. The company has a market cap of $48.68 billion, a PE ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a 52 week low of $65.53 and a 52 week high of $97.22. The business has a 50 day moving average price of $91.69 and a 200-day moving average price of $87.94.

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.