Sigma Planning Corp Sells 58,690 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Sigma Planning Corp trimmed its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 10.4% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 506,713 shares of the company’s stock after selling 58,690 shares during the period. iShares S&P 500 Growth ETF accounts for approximately 1.5% of Sigma Planning Corp’s holdings, making the stock its 9th biggest position. Sigma Planning Corp owned approximately 0.10% of iShares S&P 500 Growth ETF worth $48,518,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Envestnet Asset Management Inc. raised its stake in shares of iShares S&P 500 Growth ETF by 47.0% during 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 purchasing an additional 15,673,824 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in shares of iShares S&P 500 Growth ETF by 1.5% in the 1st quarter. JPMorgan Chase & Co. now owns 46,660,015 shares of the company’s stock worth $3,939,972,000 after acquiring an additional 709,113 shares during the period. LPL Financial LLC boosted its holdings in shares of iShares S&P 500 Growth ETF by 35.2% in the second quarter. LPL Financial LLC now owns 15,426,906 shares of the company’s stock valued at $1,427,606,000 after acquiring an additional 4,015,007 shares in the last quarter. Ameriprise Financial Inc. boosted its holdings in shares of iShares S&P 500 Growth ETF by 6.8% in the second quarter. Ameriprise Financial Inc. now owns 7,363,062 shares of the company’s stock valued at $680,575,000 after acquiring an additional 467,356 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. increased its stake in shares of iShares S&P 500 Growth ETF by 60.6% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 6,371,552 shares of the company’s stock valued at $589,623,000 after acquiring an additional 2,404,544 shares during the period.

iShares S&P 500 Growth ETF Price Performance

IVW opened at $101.14 on Friday. The business has a 50 day moving average price of $95.27 and a two-hundred day moving average price of $91.62. The company has a market capitalization of $52.99 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a 1-year low of $69.67 and a 1-year high of $101.36.

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.