Colton Groome Financial Advisors LLC Lowers Stock Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Colton Groome Financial Advisors LLC lowered its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,741 shares of the company’s stock after selling 131 shares during the period. Colton Groome Financial Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $581,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Moneta Group Investment Advisors LLC raised its holdings in shares of iShares S&P 500 Growth ETF by 111,454.4% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 552,700,957 shares of the company’s stock valued at $32,333,006,000 after purchasing an additional 552,205,503 shares during the last quarter. JPMorgan Chase & Co. grew its position in iShares S&P 500 Growth ETF by 0.5% during the third quarter. JPMorgan Chase & Co. now owns 43,367,674 shares of the company’s stock valued at $2,967,216,000 after buying an additional 229,932 shares during the period. Morgan Stanley grew its position in iShares S&P 500 Growth ETF by 5.5% during the third quarter. Morgan Stanley now owns 29,378,514 shares of the company’s stock valued at $2,010,078,000 after buying an additional 1,542,503 shares during the period. Envestnet Asset Management Inc. grew its position in iShares S&P 500 Growth ETF by 54.8% during the third quarter. Envestnet Asset Management Inc. now owns 21,690,571 shares of the company’s stock valued at $1,484,069,000 after buying an additional 7,681,845 shares during the period. Finally, Jones Financial Companies Lllp grew its position in iShares S&P 500 Growth ETF by 0.8% during the third quarter. Jones Financial Companies Lllp now owns 17,974,485 shares of the company’s stock valued at $1,229,814,000 after buying an additional 138,408 shares during the period.

iShares S&P 500 Growth ETF Price Performance

NYSEARCA:IVW traded down $0.48 on Thursday, reaching $81.12. 2,082,391 shares of the company’s stock were exchanged, compared to its average volume of 3,702,123. The firm has a market cap of $42.57 billion, a price-to-earnings ratio of 28.34 and a beta of 1.10. iShares S&P 500 Growth ETF has a 52 week low of $63.10 and a 52 week high of $85.56. The stock has a fifty day simple moving average of $83.08 and a 200-day simple moving average of $76.49.

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.