SYM FINANCIAL Corp Cuts Stock Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

SYM FINANCIAL Corp decreased its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 22.5% during the fourth quarter, Holdings Channel.com reports. The firm owned 3,215 shares of the company’s stock after selling 932 shares during the period. SYM FINANCIAL Corp’s holdings in iShares S&P 500 Growth ETF were worth $241,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of IVW. Envestnet Asset Management Inc. increased its stake in iShares S&P 500 Growth ETF by 54.8% during the third quarter. Envestnet Asset Management Inc. now owns 21,690,571 shares of the company’s stock worth $1,484,069,000 after acquiring an additional 7,681,845 shares during the last quarter. LPL Financial LLC increased its position in shares of iShares S&P 500 Growth ETF by 35.1% during the 3rd quarter. LPL Financial LLC now owns 7,697,945 shares of the company’s stock valued at $526,693,000 after purchasing an additional 1,998,078 shares during the last quarter. Envestnet Portfolio Solutions Inc. purchased a new stake in iShares S&P 500 Growth ETF during the 3rd quarter valued at $133,439,000. Morgan Stanley raised its holdings in iShares S&P 500 Growth ETF by 5.5% during the 3rd quarter. Morgan Stanley now owns 29,378,514 shares of the company’s stock valued at $2,010,078,000 after buying an additional 1,542,503 shares during the period. Finally, Comerica Bank bought a new stake in iShares S&P 500 Growth ETF in the third quarter worth $75,684,000.

iShares S&P 500 Growth ETF Stock Performance

IVW stock traded up $1.52 during mid-day trading on Friday, reaching $83.37. 2,580,985 shares of the stock traded hands, compared to its average volume of 3,509,656. iShares S&P 500 Growth ETF has a one year low of $63.19 and a one year high of $85.56. The stock has a market capitalization of $43.54 billion, a PE ratio of 27.41 and a beta of 1.12. The business has a 50-day moving average price of $83.10 and a two-hundred day moving average price of $77.44.

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.