iShares S&P 500 Growth ETF $IVW Stake Cut by Midland Wealth Advisors LLC

Midland Wealth Advisors LLC cut its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 10.2% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 431,259 shares of the company’s stock after selling 49,121 shares during the quarter. iShares S&P 500 Growth ETF comprises approximately 2.8% of Midland Wealth Advisors LLC’s investment portfolio, making the stock its 12th biggest position. Midland Wealth Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $61,351,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the stock. Bank of America Corp DE boosted its position in shares of iShares S&P 500 Growth ETF by 6.6% during the 1st quarter. Bank of America Corp DE now owns 19,779,268 shares of the company’s stock valued at $2,237,233,000 after acquiring an additional 1,229,382 shares during the last quarter. Calamos Advisors LLC grew its holdings in shares of iShares S&P 500 Growth ETF by 2,637.2% in the first quarter. Calamos Advisors LLC now owns 1,168,503 shares of the company’s stock valued at $132,169,000 after purchasing an additional 1,125,813 shares during the period. Fifth Third Bancorp increased its position in iShares S&P 500 Growth ETF by 131.3% during the first quarter. Fifth Third Bancorp now owns 1,497,810 shares of the company’s stock worth $169,417,000 after purchasing an additional 850,349 shares during the last quarter. Cetera Investment Advisers increased its position in iShares S&P 500 Growth ETF by 5.4% during the first quarter. Cetera Investment Advisers now owns 4,754,617 shares of the company’s stock worth $537,795,000 after purchasing an additional 245,310 shares during the last quarter. Finally, Royal Bank of Canada increased its position in iShares S&P 500 Growth ETF by 5.8% during the first quarter. Royal Bank of Canada now owns 3,539,621 shares of the company’s stock worth $400,576,000 after purchasing an additional 193,529 shares during the last quarter.

iShares S&P 500 Growth ETF Price Performance

Shares of IVW stock opened at $139.25 on Wednesday. The firm’s 50-day moving average is $140.76 and its two-hundred day moving average is $131.68. iShares S&P 500 Growth ETF has a 12 month low of $108.13 and a 12 month high of $146.83. The company has a market capitalization of $76.97 billion, a PE ratio of 33.33 and a beta of 1.17.

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. 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.