iShares S&P 500 Growth ETF (NYSEARCA:IVW) Stake Reduced by Arvest Trust Co. N A

Arvest Trust Co. N A cut its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 4.3% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 609,721 shares of the company’s stock after selling 27,428 shares during the period. iShares S&P 500 Growth ETF makes up about 3.4% of Arvest Trust Co. N A’s investment portfolio, making the stock its 6th largest holding. Arvest Trust Co. N A owned about 0.12% of iShares S&P 500 Growth ETF worth $56,424,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in IVW. TSA Wealth Managment LLC purchased a new position in iShares S&P 500 Growth ETF in the 4th quarter worth approximately $3,960,000. Gordian Advisors LLC bought a new position in shares of iShares S&P 500 Growth ETF during the fourth quarter valued at $299,000. Krilogy Financial LLC lifted its holdings in shares of iShares S&P 500 Growth ETF by 3.2% during the first quarter. Krilogy Financial LLC now owns 25,870 shares of the company’s stock valued at $2,184,000 after purchasing an additional 792 shares in the last quarter. Orion Portfolio Solutions LLC boosted its position in shares of iShares S&P 500 Growth ETF by 6.7% during the fourth quarter. Orion Portfolio Solutions LLC now owns 77,433 shares of the company’s stock valued at $5,769,000 after buying an additional 4,864 shares during the last quarter. Finally, Exencial Wealth Advisors LLC increased its holdings in iShares S&P 500 Growth ETF by 6.1% in the 4th quarter. Exencial Wealth Advisors LLC now owns 91,159 shares of the company’s stock worth $6,846,000 after buying an additional 5,277 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Performance

IVW opened at $93.11 on Tuesday. The company’s 50-day simple moving average is $91.58 and its two-hundred day simple moving average is $88.17. The stock has a market capitalization of $48.78 billion, a P/E ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a 52-week low of $65.53 and a 52-week high of $97.22.

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.