Larson Financial Group LLC Sells 18,671 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Larson Financial Group LLC lessened its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 69.4% in the third quarter, HoldingsChannel.com reports. The firm owned 8,245 shares of the company’s stock after selling 18,671 shares during the quarter. Larson Financial Group LLC’s holdings in iShares S&P 500 Growth ETF were worth $789,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Envestnet Asset Management Inc. increased its stake in shares of iShares S&P 500 Growth ETF by 47.0% during the second quarter. Envestnet Asset Management Inc. now owns 49,022,359 shares of the company’s stock valued at $4,536,529,000 after buying an additional 15,673,824 shares during the period. LPL Financial LLC raised its holdings in iShares S&P 500 Growth ETF by 35.2% in the 2nd quarter. LPL Financial LLC now owns 15,426,906 shares of the company’s stock worth $1,427,606,000 after purchasing an additional 4,015,007 shares in the last quarter. Envestnet Portfolio Solutions Inc. lifted its position in shares of iShares S&P 500 Growth ETF by 60.6% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 6,371,552 shares of the company’s stock worth $589,623,000 after purchasing an additional 2,404,544 shares during the period. Cetera Investment Advisers boosted its stake in shares of iShares S&P 500 Growth ETF by 200.4% during the 1st quarter. Cetera Investment Advisers now owns 2,545,315 shares of the company’s stock valued at $214,926,000 after purchasing an additional 1,698,066 shares in the last quarter. Finally, Park Avenue Securities LLC increased its position in shares of iShares S&P 500 Growth ETF by 60.1% during the second quarter. Park Avenue Securities LLC now owns 4,243,838 shares of the company’s stock valued at $392,725,000 after buying an additional 1,593,875 shares during the period.

iShares S&P 500 Growth ETF Price Performance

IVW stock opened at $99.69 on Tuesday. The firm has a 50-day moving average of $97.19 and a 200 day moving average of $93.08. The company has a market cap of $52.23 billion, a P/E ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a 1 year low of $71.93 and a 1 year high of $101.55.

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.