iShares S&P 500 Growth ETF (NYSEARCA:IVW) is JB Capital LLC’s 3rd Largest Position

JB Capital LLC cut its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 3.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,271,236 shares of the company’s stock after selling 45,107 shares during the quarter. iShares S&P 500 Growth ETF makes up about 7.0% of JB Capital LLC’s holdings, making the stock its 3rd biggest position. JB Capital LLC’s holdings in iShares S&P 500 Growth ETF were worth $121,721,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. Envestnet Asset Management Inc. grew its position in shares of iShares S&P 500 Growth ETF by 47.0% during the 2nd 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 period. LPL Financial LLC increased its position in iShares S&P 500 Growth ETF by 35.2% in the second quarter. LPL Financial LLC now owns 15,426,906 shares of the company’s stock worth $1,427,606,000 after buying an additional 4,015,007 shares during the last quarter. Envestnet Portfolio Solutions Inc. increased its position in iShares S&P 500 Growth ETF by 60.6% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 6,371,552 shares of the company’s stock worth $589,623,000 after buying an additional 2,404,544 shares during the last quarter. Cetera Investment Advisers raised its stake 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 valued at $214,926,000 after buying an additional 1,698,066 shares during the period. Finally, Park Avenue Securities LLC lifted its position in shares of 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 buying an additional 1,593,875 shares during the last quarter.

iShares S&P 500 Growth ETF Price Performance

NYSEARCA:IVW traded up $1.05 during trading hours on Thursday, hitting $100.34. The stock had a trading volume of 906,749 shares, compared to its average volume of 2,894,865. The firm has a market capitalization of $52.57 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a one year low of $69.67 and a one year high of $100.39. The company has a 50 day simple moving average of $94.94 and a two-hundred day simple moving average of $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.