Fifth Third Bancorp Reduces Holdings in iShares S&P 500 Growth ETF $IVW

Fifth Third Bancorp lowered its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 2.8% in the fourth quarter, HoldingsChannel.com reports. The fund owned 647,461 shares of the company’s stock after selling 18,783 shares during the quarter. Fifth Third Bancorp’s holdings in iShares S&P 500 Growth ETF were worth $79,806,000 at the end of the most recent reporting period.

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

iShares S&P 500 Growth ETF Stock Performance

iShares S&P 500 Growth ETF stock opened at $129.82 on Friday. iShares S&P 500 Growth ETF has a fifty-two week low of $95.32 and a fifty-two week high of $130.51. The company has a market capitalization of $70.28 billion, a price-to-earnings ratio of 33.33 and a beta of 1.15. The stock has a fifty day moving average of $120.18 and a two-hundred day moving average of $121.79.

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. 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.