iShares S&P 500 Growth ETF $IVW is Stegner Investment Associates Inc.’s Largest Position

Stegner Investment Associates Inc. cut its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 0.9% in the 2nd quarter, Holdings Channel.com reports. The firm owned 608,731 shares of the company’s stock after selling 5,559 shares during the period. iShares S&P 500 Growth ETF makes up 39.8% of Stegner Investment Associates Inc.’s portfolio, making the stock its largest holding. Stegner Investment Associates Inc.’s holdings in iShares S&P 500 Growth ETF were worth $83,719,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of IVW. Investors Research Corp raised its position in iShares S&P 500 Growth ETF by 1.4% during the 2nd quarter. Investors Research Corp now owns 5,414 shares of the company’s stock worth $745,000 after buying an additional 75 shares during the last quarter. Cooper Financial Group boosted its holdings in shares of iShares S&P 500 Growth ETF by 0.7% in the second quarter. Cooper Financial Group now owns 10,864 shares of the company’s stock valued at $1,494,000 after acquiring an additional 80 shares in the last quarter. Cornerstone Wealth Management LLC boosted its holdings in shares of iShares S&P 500 Growth ETF by 0.4% in the second quarter. Cornerstone Wealth Management LLC now owns 18,502 shares of the company’s stock valued at $2,545,000 after acquiring an additional 80 shares in the last quarter. Proactive Wealth Strategies LLC increased its stake in shares of iShares S&P 500 Growth ETF by 1.0% during the fourth quarter. Proactive Wealth Strategies LLC now owns 8,817 shares of the company’s stock worth $1,087,000 after acquiring an additional 86 shares during the period. Finally, Ignite Planners LLC increased its stake in shares of iShares S&P 500 Growth ETF by 4.7% during the fourth quarter. Ignite Planners LLC now owns 1,948 shares of the company’s stock worth $241,000 after acquiring an additional 88 shares during the period.

iShares S&P 500 Growth ETF Stock Down 0.4%

NYSEARCA IVW opened at $141.98 on Friday. The stock has a market capitalization of $77.51 billion, a P/E ratio of 33.33 and a beta of 1.17. iShares S&P 500 Growth ETF has a 52-week low of $108.13 and a 52-week high of $143.26. The firm has a 50-day moving average price of $136.54 and a 200 day moving average price of $128.95.

About iShares S&P 500 Growth ETF

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.