Perkins Coie Trust Co Reduces Stock Holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Perkins Coie Trust Co trimmed its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1.2% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 134,394 shares of the company’s stock after selling 1,651 shares during the period. iShares S&P 500 Growth ETF comprises 2.9% of Perkins Coie Trust Co’s investment portfolio, making the stock its 6th biggest position. Perkins Coie Trust Co’s holdings in iShares S&P 500 Growth ETF were worth $12,868,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IVW. Oxford Financial Group LTD. LLC raised its stake in shares of iShares S&P 500 Growth ETF by 27.6% during the 4th quarter. Oxford Financial Group LTD. LLC now owns 45,907 shares of the company’s stock worth $3,448,000 after purchasing an additional 9,924 shares during the period. Foster Victor Wealth Advisors LLC purchased a new stake in iShares S&P 500 Growth ETF during the second quarter worth about $226,000. FineMark National Bank & Trust boosted its stake in iShares S&P 500 Growth ETF by 4.8% in the second quarter. FineMark National Bank & Trust now owns 71,052 shares of the company’s stock valued at $6,575,000 after acquiring an additional 3,279 shares during the last quarter. West Paces Advisors Inc. grew its position in shares of iShares S&P 500 Growth ETF by 9,168.6% during the 1st quarter. West Paces Advisors Inc. now owns 4,727 shares of the company’s stock valued at $399,000 after acquiring an additional 4,676 shares during the period. Finally, Powell Investment Advisors LLC increased its stake in shares of iShares S&P 500 Growth ETF by 0.9% during the 1st quarter. Powell Investment Advisors LLC now owns 250,701 shares of the company’s stock worth $21,169,000 after purchasing an additional 2,120 shares during the last quarter.

iShares S&P 500 Growth ETF Trading Down 0.1 %

Shares of NYSEARCA:IVW traded down $0.10 during mid-day trading on Wednesday, reaching $96.04. The company had a trading volume of 20,558 shares, compared to its average volume of 3,019,278. iShares S&P 500 Growth ETF has a one year low of $65.53 and a one year high of $97.22. The company’s 50-day moving average price is $92.18 and its 200-day moving average price is $89.45. The firm has a market cap of $50.32 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14.

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.