Private Advisory Group LLC Lowers Stock Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Private Advisory Group LLC decreased its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 13.5% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 45,079 shares of the company’s stock after selling 7,016 shares during the period. iShares S&P 500 Growth ETF accounts for about 3.7% of Private Advisory Group LLC’s holdings, making the stock its biggest position. Private Advisory Group LLC’s holdings in iShares S&P 500 Growth ETF were worth $8,080,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Comerica Securities Inc. grew its stake in iShares S&P 500 Growth ETF by 0.4% during the fourth quarter. Comerica Securities Inc. now owns 54,014 shares of the company’s stock valued at $8,138,000 after acquiring an additional 220 shares in the last quarter. Northern Trust Corp grew its stake in iShares S&P 500 Growth ETF by 5.7% during the fourth quarter. Northern Trust Corp now owns 66,797 shares of the company’s stock valued at $10,064,000 after acquiring an additional 3,574 shares in the last quarter. Millennium Management LLC grew its stake in iShares S&P 500 Growth ETF by 377.4% during the fourth quarter. Millennium Management LLC now owns 16,723 shares of the company’s stock valued at $2,520,000 after acquiring an additional 13,220 shares in the last quarter. FMR LLC grew its stake in iShares S&P 500 Growth ETF by 0.5% during the fourth quarter. FMR LLC now owns 887,343 shares of the company’s stock valued at $133,696,000 after acquiring an additional 4,736 shares in the last quarter. Finally, Deutsche Bank AG purchased a new position in iShares S&P 500 Growth ETF during the fourth quarter valued at approximately $1,561,000.

NYSEARCA:IVW traded down $4.59 during mid-day trading on Monday, hitting $174.61. 728,784 shares of the stock traded hands, compared to its average volume of 631,740. The firm’s 50-day moving average is $181.72. iShares S&P 500 Growth ETF has a 12-month low of $140.49 and a 12-month high of $185.23.

iShares S&P 500 Growth ETF 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.

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Institutional Ownership by Quarter for iShares S&P 500 Growth ETF (NYSEARCA:IVW)

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