Narwhal Capital Management Cuts Stock Holdings in iShares S&P 500 Growth ETF $IVW

Narwhal Capital Management decreased its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 0.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 56,000 shares of the company’s stock after selling 289 shares during the quarter. Narwhal Capital Management’s holdings in iShares S&P 500 Growth ETF were worth $6,166,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Integrated Advisors Network LLC lifted its position in iShares S&P 500 Growth ETF by 196.1% in the 1st quarter. Integrated Advisors Network LLC now owns 113,420 shares of the company’s stock worth $10,529,000 after buying an additional 75,118 shares during the last quarter. CX Institutional lifted its position in iShares S&P 500 Growth ETF by 4.3% in the 1st quarter. CX Institutional now owns 117,599 shares of the company’s stock worth $10,917,000 after buying an additional 4,876 shares during the last quarter. Strategic Equity Management lifted its position in iShares S&P 500 Growth ETF by 5.7% in the 1st quarter. Strategic Equity Management now owns 122,221 shares of the company’s stock worth $11,346,000 after buying an additional 6,616 shares during the last quarter. My Legacy Advisors LLC lifted its position in iShares S&P 500 Growth ETF by 1.8% in the 1st quarter. My Legacy Advisors LLC now owns 50,984 shares of the company’s stock worth $4,733,000 after buying an additional 889 shares during the last quarter. Finally, USA Financial Formulas lifted its position in iShares S&P 500 Growth ETF by 59.1% in the 1st quarter. USA Financial Formulas now owns 1,315,807 shares of the company’s stock worth $122,146,000 after buying an additional 488,603 shares during the last quarter.

iShares S&P 500 Growth ETF Price Performance

NYSEARCA:IVW opened at $122.00 on Thursday. The business has a 50 day moving average of $117.13 and a 200 day moving average of $106.84. The company has a market capitalization of $66.53 billion, a price-to-earnings ratio of 33.33 and a beta of 1.05. iShares S&P 500 Growth ETF has a 1-year low of $79.31 and a 1-year high of $122.02.

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.