Northstar Advisory Group LLC Trims Stock Holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Northstar Advisory Group LLC lessened its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 22.7% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 45,230 shares of the company’s stock after selling 13,314 shares during the period. iShares S&P 500 Growth ETF accounts for 2.3% of Northstar Advisory Group LLC’s holdings, making the stock its 10th biggest holding. Northstar Advisory Group LLC’s holdings in iShares S&P 500 Growth ETF were worth $4,592,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of IVW. LPL Financial LLC grew its position in shares of iShares S&P 500 Growth ETF by 1.7% during the 3rd quarter. LPL Financial LLC now owns 15,682,897 shares of the company’s stock worth $1,501,637,000 after buying an additional 255,991 shares during the period. Stifel Financial Corp boosted its stake in iShares S&P 500 Growth ETF by 0.3% during the third quarter. Stifel Financial Corp now owns 7,475,408 shares of the company’s stock worth $715,775,000 after acquiring an additional 22,565 shares in the last quarter. Ameriprise Financial Inc. grew its holdings in iShares S&P 500 Growth ETF by 6.8% in the second quarter. Ameriprise Financial Inc. now owns 7,363,062 shares of the company’s stock worth $680,575,000 after purchasing an additional 467,356 shares during the period. PNC Financial Services Group Inc. increased its stake in iShares S&P 500 Growth ETF by 2.6% in the third quarter. PNC Financial Services Group Inc. now owns 5,329,231 shares of the company’s stock valued at $510,274,000 after purchasing an additional 134,169 shares in the last quarter. Finally, Cetera Investment Advisers raised its holdings in shares of iShares S&P 500 Growth ETF by 30.5% during the second quarter. Cetera Investment Advisers now owns 3,320,633 shares of the company’s stock valued at $307,291,000 after purchasing an additional 775,318 shares during the period.

iShares S&P 500 Growth ETF Price Performance

Shares of IVW traded down $0.32 during trading hours on Monday, hitting $100.76. The stock had a trading volume of 1,780,347 shares, compared to its average volume of 2,032,557. iShares S&P 500 Growth ETF has a 1-year low of $74.61 and a 1-year high of $105.64. The firm has a market capitalization of $52.79 billion, a P/E ratio of 28.52 and a beta of 1.14. The firm has a 50 day simple moving average of $101.81 and a 200-day simple moving average of $96.42.

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.