SteelPeak Wealth LLC Trims Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

SteelPeak Wealth LLC lowered its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 3.6% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 312,583 shares of the company’s stock after selling 11,576 shares during the quarter. iShares S&P 500 Growth ETF comprises about 1.3% of SteelPeak Wealth LLC’s holdings, making the stock its 18th largest position. SteelPeak Wealth LLC owned approximately 0.06% of iShares S&P 500 Growth ETF worth $29,930,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. boosted its holdings in shares of iShares S&P 500 Growth ETF by 47.0% in the second quarter. Envestnet Asset Management Inc. now owns 49,022,359 shares of the company’s stock valued at $4,536,529,000 after acquiring an additional 15,673,824 shares in the last quarter. LPL Financial LLC increased its position in iShares S&P 500 Growth ETF by 35.2% during the 2nd quarter. LPL Financial LLC now owns 15,426,906 shares of the company’s stock worth $1,427,606,000 after purchasing an additional 4,015,007 shares during the period. Envestnet Portfolio Solutions Inc. raised its stake in shares of iShares S&P 500 Growth ETF by 60.6% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 6,371,552 shares of the company’s stock worth $589,623,000 after buying an additional 2,404,544 shares in the last quarter. Cetera Investment Advisers lifted its holdings in shares of iShares S&P 500 Growth ETF by 200.4% in the 1st quarter. Cetera Investment Advisers now owns 2,545,315 shares of the company’s stock valued at $214,926,000 after buying an additional 1,698,066 shares during the period. Finally, Park Avenue Securities LLC boosted its stake in shares of iShares S&P 500 Growth ETF by 60.1% in the second quarter. Park Avenue Securities LLC now owns 4,243,838 shares of the company’s stock valued at $392,725,000 after buying an additional 1,593,875 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Up 0.2 %

IVW stock traded up $0.20 on Wednesday, reaching $98.65. 998,043 shares of the company’s stock were exchanged, compared to its average volume of 2,921,614. The stock has a fifty day moving average of $94.54 and a 200-day moving average of $90.83. The firm has a market cap of $51.68 billion, a PE ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a twelve month low of $66.08 and a twelve month high of $98.68.

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.