Asset Management One Co. Ltd. Lowers Stock Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Asset Management One Co. Ltd. trimmed its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 11.8% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 239,600 shares of the company’s stock after selling 32,000 shares during the quarter. Asset Management One Co. Ltd.’s holdings in iShares S&P 500 Growth ETF were worth $22,942,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Envestnet Asset Management Inc. lifted its holdings in iShares S&P 500 Growth ETF by 47.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 49,022,359 shares of the company’s stock worth $4,536,529,000 after purchasing an additional 15,673,824 shares in the last quarter. JPMorgan Chase & Co. boosted its position in shares of iShares S&P 500 Growth ETF by 1.5% during the first quarter. JPMorgan Chase & Co. now owns 46,660,015 shares of the company’s stock worth $3,939,972,000 after acquiring an additional 709,113 shares during the last quarter. LPL Financial LLC grew its stake in iShares S&P 500 Growth ETF by 35.2% during the second quarter. LPL Financial LLC now owns 15,426,906 shares of the company’s stock valued at $1,427,606,000 after acquiring an additional 4,015,007 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in iShares S&P 500 Growth ETF by 6.8% in the 2nd quarter. Ameriprise Financial Inc. now owns 7,363,062 shares of the company’s stock valued at $680,575,000 after acquiring an additional 467,356 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. lifted its stake 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 in the last quarter.

iShares S&P 500 Growth ETF Stock Up 1.4 %

Shares of iShares S&P 500 Growth ETF stock opened at $96.83 on Wednesday. The firm has a market cap of $50.73 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a twelve month low of $69.29 and a twelve month high of $98.68. The business has a 50-day moving average price of $94.81 and a 200-day moving average price of $91.35.

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.