Sigma Planning Corp Has $58.82 Million Holdings in iShares S&P 500 Growth ETF $IVW

Sigma Planning Corp lowered its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1.1% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 427,683 shares of the company’s stock after selling 4,663 shares during the period. iShares S&P 500 Growth ETF accounts for 1.5% of Sigma Planning Corp’s portfolio, making the stock its 10th largest position. Sigma Planning Corp’s holdings in iShares S&P 500 Growth ETF were worth $58,819,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently added to or reduced their stakes in the business. Benjamin Edwards Inc. boosted its holdings in iShares S&P 500 Growth ETF by 4.8% in the 2nd quarter. Benjamin Edwards Inc. now owns 48,847 shares of the company’s stock valued at $6,718,000 after purchasing an additional 2,222 shares during the period. GTS Securities LLC grew its position in iShares S&P 500 Growth ETF by 17.9% in the 2nd quarter. GTS Securities LLC now owns 42,407 shares of the company’s stock worth $5,835,000 after purchasing an additional 6,449 shares during the last quarter. Flputnam Investment Management Co. increased its holdings in shares of iShares S&P 500 Growth ETF by 2.9% during the 2nd quarter. Flputnam Investment Management Co. now owns 16,969 shares of the company’s stock worth $2,325,000 after purchasing an additional 475 shares during the period. Northwestern Mutual Wealth Management Co. increased its holdings in shares of iShares S&P 500 Growth ETF by 0.3% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,657,682 shares of the company’s stock worth $227,981,000 after purchasing an additional 4,190 shares during the period. Finally, Cullinan Associates Inc. acquired a new position in shares of iShares S&P 500 Growth ETF during the second quarter valued at about $413,000.

iShares S&P 500 Growth ETF Stock Performance

Shares of IVW stock opened at $140.02 on Monday. iShares S&P 500 Growth ETF has a 12 month low of $108.13 and a 12 month high of $143.26. The company has a market capitalization of $76.44 billion, a P/E ratio of 33.33 and a beta of 1.17. The stock has a 50 day moving average of $137.24 and a two-hundred day moving average of $130.15.

iShares S&P 500 Growth ETF Company 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.