First National Bank Sioux Falls Lowers Stock Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

First National Bank Sioux Falls lessened its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 60.4% in the third quarter, Holdings Channel.com reports. The institutional investor owned 11,012 shares of the company’s stock after selling 16,797 shares during the quarter. First National Bank Sioux Falls’ holdings in iShares S&P 500 Growth ETF were worth $1,054,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the stock. CarsonAllaria Wealth Management Ltd. raised its holdings in shares of iShares S&P 500 Growth ETF by 45.5% during the 1st quarter. CarsonAllaria Wealth Management Ltd. now owns 400 shares of the company’s stock valued at $34,000 after buying an additional 125 shares in the last quarter. 1620 Investment Advisors Inc. purchased a new stake in iShares S&P 500 Growth ETF in the second quarter worth approximately $34,000. Financial Connections Group Inc. bought a new position in iShares S&P 500 Growth ETF during the second quarter valued at approximately $35,000. GPS Wealth Strategies Group LLC raised its stake in shares of iShares S&P 500 Growth ETF by 91.3% during the second quarter. GPS Wealth Strategies Group LLC now owns 417 shares of the company’s stock worth $39,000 after acquiring an additional 199 shares in the last quarter. Finally, Davis Capital Management raised its stake in shares of iShares S&P 500 Growth ETF by 78.4% during the third quarter. Davis Capital Management now owns 412 shares of the company’s stock worth $39,000 after acquiring an additional 181 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Up 0.7 %

Shares of iShares S&P 500 Growth ETF stock traded up $0.69 during trading on Friday, reaching $95.80. The company’s stock had a trading volume of 1,963,010 shares, compared to its average volume of 2,920,499. iShares S&P 500 Growth ETF has a 52-week low of $68.16 and a 52-week high of $98.68. The firm’s 50-day moving average is $94.70 and its two-hundred day moving average is $91.06. The company has a market cap of $50.19 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14.

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.