TFB Advisors LLC Sells 230 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

TFB Advisors LLC reduced its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 2.7% in the 4th quarter, Holdings Channel reports. The firm owned 8,439 shares of the company’s stock after selling 230 shares during the quarter. TFB Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $857,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the stock. LPL Financial LLC raised its position in 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 purchasing an additional 255,991 shares during the last quarter. Stifel Financial Corp raised its position in iShares S&P 500 Growth ETF by 0.3% during the 3rd quarter. Stifel Financial Corp now owns 7,475,408 shares of the company’s stock worth $715,775,000 after purchasing an additional 22,565 shares during the last quarter. PNC Financial Services Group Inc. raised its position in shares of iShares S&P 500 Growth ETF by 2.6% in the 3rd quarter. PNC Financial Services Group Inc. now owns 5,329,231 shares of the company’s stock worth $510,274,000 after acquiring an additional 134,169 shares in the last quarter. Park Avenue Securities LLC raised its position in shares of iShares S&P 500 Growth ETF by 0.4% in the 4th quarter. Park Avenue Securities LLC now owns 3,817,542 shares of the company’s stock worth $387,595,000 after acquiring an additional 15,623 shares in the last quarter. Finally, Huntington National Bank raised its position in shares of iShares S&P 500 Growth ETF by 0.3% in the 3rd quarter. Huntington National Bank now owns 2,560,058 shares of the company’s stock worth $245,126,000 after acquiring an additional 7,447 shares in the last quarter.

iShares S&P 500 Growth ETF Trading Down 0.3 %

IVW stock opened at $105.28 on Wednesday. The stock has a 50-day moving average price of $103.64 and a 200-day moving average price of $97.91. iShares S&P 500 Growth ETF has a 1-year low of $79.07 and a 1-year high of $107.14. The firm has a market cap of $55.16 billion, a PE ratio of 28.52 and a beta of 1.14.

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.