Sigma Planning Corp Sells 18,002 Shares of iShares S&P 500 Growth ETF $IVW

Sigma Planning Corp trimmed its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 4.2% in the 3rd quarter, Holdings Channel reports. The firm owned 409,681 shares of the company’s stock after selling 18,002 shares during the quarter. iShares S&P 500 Growth ETF accounts for 1.5% of Sigma Planning Corp’s holdings, making the stock its 8th biggest holding. Sigma Planning Corp’s holdings in iShares S&P 500 Growth ETF were worth $58,260,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in IVW. Bank of America Corp DE grew its stake in iShares S&P 500 Growth ETF by 6.6% in the 1st quarter. Bank of America Corp DE now owns 19,779,268 shares of the company’s stock worth $2,237,233,000 after acquiring an additional 1,229,382 shares in the last quarter. Calamos Advisors LLC increased its holdings in shares of iShares S&P 500 Growth ETF by 2,637.2% in the 1st quarter. Calamos Advisors LLC now owns 1,168,503 shares of the company’s stock valued at $132,169,000 after acquiring an additional 1,125,813 shares during the period. Fifth Third Bancorp raised its holdings in iShares S&P 500 Growth ETF by 131.3% in the first quarter. Fifth Third Bancorp now owns 1,497,810 shares of the company’s stock worth $169,417,000 after purchasing an additional 850,349 shares in the last quarter. Cetera Investment Advisers raised its stake in shares of iShares S&P 500 Growth ETF by 5.4% during the 1st quarter. Cetera Investment Advisers now owns 4,754,617 shares of the company’s stock worth $537,795,000 after acquiring an additional 245,310 shares in the last quarter. Finally, Janney Montgomery Scott LLC increased its position in shares of iShares S&P 500 Growth ETF by 9.6% during the first quarter. Janney Montgomery Scott LLC now owns 2,416,574 shares of the company’s stock worth $273,339,000 after purchasing an additional 211,952 shares in the last quarter.

iShares S&P 500 Growth ETF Price Performance

IVW opened at $136.48 on Monday. The company has a market cap of $75.44 billion, a P/E ratio of 33.33 and a beta of 1.17. The firm’s 50-day moving average price is $140.85 and its 200-day moving average price is $136.79. iShares S&P 500 Growth ETF has a 52-week low of $108.13 and a 52-week high of $146.83.

iShares S&P 500 Growth ETF Company 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.