Capital Investment Counsel LLC Reduces Stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Capital Investment Counsel LLC cut its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 35.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 3,752 shares of the company’s stock after selling 2,063 shares during the quarter. Capital Investment Counsel LLC’s holdings in iShares S&P 500 Growth ETF were worth $381,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. LPL Financial LLC raised its holdings in shares of iShares S&P 500 Growth ETF by 1.7% during the third quarter. LPL Financial LLC now owns 15,682,897 shares of the company’s stock worth $1,501,637,000 after purchasing an additional 255,991 shares during the last quarter. Stifel Financial Corp raised its stake in shares of iShares S&P 500 Growth ETF by 0.3% during the 3rd quarter. Stifel Financial Corp now owns 7,475,408 shares of the company’s stock valued at $715,775,000 after buying an additional 22,565 shares during the last quarter. PNC Financial Services Group Inc. lifted its holdings in shares of iShares S&P 500 Growth ETF by 2.6% in the 3rd quarter. PNC Financial Services Group Inc. now owns 5,329,231 shares of the company’s stock valued at $510,274,000 after buying an additional 134,169 shares during the period. Park Avenue Securities LLC boosted its stake in shares of iShares S&P 500 Growth ETF by 0.4% in the fourth quarter. Park Avenue Securities LLC now owns 3,817,542 shares of the company’s stock worth $387,595,000 after buying an additional 15,623 shares during the last quarter. Finally, Cetera Investment Advisers grew its holdings in iShares S&P 500 Growth ETF by 30.5% during the second quarter. Cetera Investment Advisers now owns 3,320,633 shares of the company’s stock worth $307,291,000 after acquiring an additional 775,318 shares during the period.

iShares S&P 500 Growth ETF Trading Up 2.0 %

Shares of NYSEARCA:IVW opened at $104.48 on Wednesday. iShares S&P 500 Growth ETF has a 12-month low of $77.20 and a 12-month high of $107.14. The business has a 50 day moving average of $102.75 and a two-hundred day moving average of $97.11. The company has a market capitalization of $54.74 billion, a PE ratio of 28.52 and a beta of 1.14.

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.