iShares S&P 500 Growth ETF $IVW Stock Sold by True Freedom Investing LLC

True Freedom Investing LLC lowered its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 81.8% in the third quarter, Holdings Channel reports. The fund owned 4,901 shares of the company’s stock after selling 22,045 shares during the period. True Freedom Investing LLC’s holdings in iShares S&P 500 Growth ETF were worth $697,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in IVW. Bank of America Corp DE raised its position in shares of iShares S&P 500 Growth ETF by 6.6% during 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. Cetera Investment Advisers boosted its holdings in iShares S&P 500 Growth ETF by 5.4% in the first quarter. Cetera Investment Advisers now owns 4,754,617 shares of the company’s stock valued at $537,795,000 after purchasing an additional 245,310 shares in the last quarter. Lido Advisors LLC boosted its holdings in iShares S&P 500 Growth ETF by 2.3% in the first quarter. Lido Advisors LLC now owns 3,873,907 shares of the company’s stock valued at $438,178,000 after purchasing an additional 85,467 shares in the last quarter. Royal Bank of Canada increased its stake in iShares S&P 500 Growth ETF by 5.8% in the first quarter. Royal Bank of Canada now owns 3,539,621 shares of the company’s stock valued at $400,576,000 after purchasing an additional 193,529 shares during the last quarter. Finally, Sofi Wealth LLC increased its stake in iShares S&P 500 Growth ETF by 6.9% in the first quarter. Sofi Wealth LLC now owns 2,249,169 shares of the company’s stock valued at $254,403,000 after purchasing an additional 145,081 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Performance

Shares of NYSEARCA:IVW opened at $134.46 on Monday. The firm has a 50 day simple moving average of $140.66 and a 200-day simple moving average of $131.87. iShares S&P 500 Growth ETF has a twelve month low of $108.13 and a twelve month high of $146.83. The company has a market capitalization of $74.75 billion, a PE ratio of 33.33 and a beta of 1.17.

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. 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.