Presidio Capital Management LLC Reduces Stock Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Presidio Capital Management LLC trimmed its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 9.3% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 8,472 shares of the company’s stock after selling 864 shares during the quarter. iShares S&P 500 Growth ETF makes up 0.5% of Presidio Capital Management LLC’s holdings, making the stock its 23rd biggest holding. Presidio Capital Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $811,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in IVW. Envestnet Asset Management Inc. increased its position in iShares S&P 500 Growth ETF by 47.0% during the second quarter. Envestnet Asset Management Inc. now owns 49,022,359 shares of the company’s stock valued at $4,536,529,000 after acquiring an additional 15,673,824 shares during the last quarter. LPL Financial LLC grew its holdings in iShares S&P 500 Growth ETF by 35.2% during the 2nd quarter. LPL Financial LLC now owns 15,426,906 shares of the company’s stock valued at $1,427,606,000 after purchasing an additional 4,015,007 shares during the last quarter. Envestnet Portfolio Solutions Inc. raised its position in iShares S&P 500 Growth ETF by 60.6% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 6,371,552 shares of the company’s stock worth $589,623,000 after purchasing an additional 2,404,544 shares during the period. Cetera Investment Advisers raised its holdings in shares of iShares S&P 500 Growth ETF by 200.4% in the first quarter. Cetera Investment Advisers now owns 2,545,315 shares of the company’s stock worth $214,926,000 after buying an additional 1,698,066 shares during the period. Finally, Park Avenue Securities LLC boosted its holdings in iShares S&P 500 Growth ETF by 60.1% during the 2nd quarter. Park Avenue Securities LLC now owns 4,243,838 shares of the company’s stock valued at $392,725,000 after acquiring an additional 1,593,875 shares during the period.

iShares S&P 500 Growth ETF Stock Up 1.6 %

IVW stock opened at $100.83 on Friday. iShares S&P 500 Growth ETF has a twelve month low of $69.67 and a twelve month high of $100.97. The firm has a market cap of $52.82 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. The business’s fifty day simple moving average is $94.94 and its two-hundred day simple moving average is $91.41.

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.