JPMorgan Chase & Co. Trims Stake in iShares S&P 500 Growth ETF $IVW

JPMorgan Chase & Co. reduced its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1.5% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 40,710,202 shares of the company’s stock after selling 625,646 shares during the quarter. JPMorgan Chase & Co. owned about 7.58% of iShares S&P 500 Growth ETF worth $5,017,940,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Smith Moore & CO. increased its holdings in shares of iShares S&P 500 Growth ETF by 2.9% in the 3rd quarter. Smith Moore & CO. now owns 3,021 shares of the company’s stock valued at $365,000 after acquiring an additional 85 shares during the period. Gerber Kawasaki Wealth & Investment Management increased its holdings in shares of iShares S&P 500 Growth ETF by 0.7% in the 3rd quarter. Gerber Kawasaki Wealth & Investment Management now owns 11,647 shares of the company’s stock valued at $1,406,000 after acquiring an additional 86 shares during the period. Proactive Wealth Strategies LLC increased its holdings in shares of iShares S&P 500 Growth ETF by 1.0% in the 4th quarter. Proactive Wealth Strategies LLC now owns 8,817 shares of the company’s stock valued at $1,087,000 after acquiring an additional 86 shares during the period. Ignite Planners LLC increased its holdings in shares of iShares S&P 500 Growth ETF by 4.7% in the 4th quarter. Ignite Planners LLC now owns 1,948 shares of the company’s stock valued at $241,000 after acquiring an additional 88 shares during the period. Finally, First National Bank & Trust Co. of Newtown increased its holdings in shares of iShares S&P 500 Growth ETF by 1.3% in the 4th quarter. First National Bank & Trust Co. of Newtown now owns 7,859 shares of the company’s stock valued at $969,000 after acquiring an additional 100 shares during the period.

iShares S&P 500 Growth ETF Stock Performance

Shares of NYSEARCA:IVW opened at $134.60 on Monday. iShares S&P 500 Growth ETF has a 12-month low of $104.21 and a 12-month high of $141.98. The business’s fifty day simple moving average is $129.14 and its 200-day simple moving average is $124.26. The company has a market capitalization of $72.95 billion, a PE ratio of 33.33 and a beta of 1.17.

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. The Growth Index is a subset of the S&P 500 and consists of those stocks in the S&P 500 exhibiting the strongest growth characteristics.