iShares S&P 500 Growth ETF $IVW Stock Holdings Cut by Coastline Complete Wealth LLC

Coastline Complete Wealth LLC decreased its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 64.6% in the 1st quarter, HoldingsChannel.com reports. The fund owned 59,574 shares of the company’s stock after selling 108,939 shares during the quarter. iShares S&P 500 Growth ETF comprises approximately 4.2% of Coastline Complete Wealth LLC’s portfolio, making the stock its 7th largest holding. Coastline Complete Wealth LLC’s holdings in iShares S&P 500 Growth ETF were worth $6,738,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. United Bank increased its stake in iShares S&P 500 Growth ETF by 4.6% in the 2nd quarter. United Bank now owns 52,096 shares of the company’s stock valued at $5,736,000 after buying an additional 2,280 shares during the last quarter. Schnieders Capital Management LLC. purchased a new position in shares of iShares S&P 500 Growth ETF in the 2nd quarter worth approximately $600,000. Russell Investments Group Ltd. grew its holdings in shares of iShares S&P 500 Growth ETF by 13.4% in the second quarter. Russell Investments Group Ltd. now owns 5,992 shares of the company’s stock valued at $660,000 after acquiring an additional 707 shares in the last quarter. First Trust Advisors LP grew its holdings in shares of iShares S&P 500 Growth ETF by 15.4% in the second quarter. First Trust Advisors LP now owns 31,834 shares of the company’s stock valued at $3,505,000 after acquiring an additional 4,238 shares in the last quarter. Finally, Flow Traders U.S. LLC purchased a new stake in shares of iShares S&P 500 Growth ETF during the second quarter valued at approximately $244,000.

iShares S&P 500 Growth ETF Trading Up 1.4%

Shares of IVW opened at $135.25 on Friday. The stock has a 50 day moving average of $136.10 and a 200 day moving average of $127.71. The company has a market capitalization of $73.83 billion, a price-to-earnings ratio of 33.33 and a beta of 1.17. iShares S&P 500 Growth ETF has a 12 month low of $108.13 and a 12 month high of $141.98.

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. The Growth Index is a subset of the S&P 500 and consists of those stocks in the S&P 500 exhibiting the strongest growth characteristics.