Ameritas Advisory Services LLC Decreases Stock Holdings in iShares S&P 500 Growth ETF $IVW

Ameritas Advisory Services LLC reduced its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 57.8% in the 2nd quarter, Holdings Channel.com reports. The firm owned 69,402 shares of the company’s stock after selling 95,065 shares during the period. Ameritas Advisory Services LLC’s holdings in iShares S&P 500 Growth ETF were worth $7,641,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of IVW. Envestnet Asset Management Inc. lifted its position in shares of iShares S&P 500 Growth ETF by 5.1% during the 1st quarter. Envestnet Asset Management Inc. now owns 48,079,544 shares of the company’s stock worth $4,463,224,000 after purchasing an additional 2,350,072 shares during the last quarter. Sofi Wealth LLC lifted its position in iShares S&P 500 Growth ETF by 4,023.6% in the first quarter. Sofi Wealth LLC now owns 1,857,008 shares of the company’s stock valued at $172,386,000 after acquiring an additional 1,811,974 shares during the last quarter. Liberty Wealth Management LLC lifted its position in iShares S&P 500 Growth ETF by 489.6% in the first quarter. Liberty Wealth Management LLC now owns 1,363,876 shares of the company’s stock valued at $126,609,000 after acquiring an additional 1,132,541 shares during the last quarter. LPL Financial LLC lifted its position in iShares S&P 500 Growth ETF by 5.5% in the first quarter. LPL Financial LLC now owns 18,929,345 shares of the company’s stock valued at $1,757,211,000 after acquiring an additional 988,955 shares during the last quarter. Finally, Pinkerton Retirement Specialists LLC lifted its position in iShares S&P 500 Growth ETF by 192.5% in the first quarter. Pinkerton Retirement Specialists LLC now owns 1,135,349 shares of the company’s stock valued at $105,394,000 after acquiring an additional 747,194 shares during the last quarter.

iShares S&P 500 Growth ETF Price Performance

Shares of IVW opened at $121.40 on Friday. The firm has a fifty day moving average price of $116.54 and a 200 day moving average price of $106.10. iShares S&P 500 Growth ETF has a 1-year low of $79.31 and a 1-year high of $121.92. The stock has a market cap of $66.19 billion, a PE ratio of 33.33 and a beta of 1.05.

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.