Old Port Advisors Reduces Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Old Port Advisors decreased its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 4.6% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 10,627 shares of the company’s stock after selling 507 shares during the quarter. Old Port Advisors’ holdings in iShares S&P 500 Growth ETF were worth $1,079,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Envestnet Asset Management Inc. lifted 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 buying an additional 15,673,824 shares in the last quarter. LPL Financial LLC lifted its holdings 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 purchasing an additional 4,015,007 shares in the last quarter. International Assets Investment Management LLC boosted its position in shares of iShares S&P 500 Growth ETF by 10,365.3% in the third quarter. International Assets Investment Management LLC now owns 1,584,755 shares of the company’s stock worth $151,740,000 after purchasing an additional 1,569,612 shares during the period. Sanctuary Advisors LLC purchased a new stake in shares of iShares S&P 500 Growth ETF in the second quarter worth $100,688,000. Finally, The Manufacturers Life Insurance Company purchased a new stake in shares of iShares S&P 500 Growth ETF in the third quarter worth $82,464,000.

iShares S&P 500 Growth ETF Price Performance

Shares of IVW stock traded down $0.02 during mid-day trading on Thursday, hitting $101.51. The company had a trading volume of 648,986 shares, compared to its average volume of 2,753,157. The company has a market capitalization of $53.18 billion, a P/E ratio of 28.52 and a beta of 1.14. The stock’s 50 day moving average price is $101.05 and its 200-day moving average price is $95.91. iShares S&P 500 Growth ETF has a 52-week low of $72.69 and a 52-week high of $105.64.

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.