Orion Portfolio Solutions LLC Cuts Stock Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Orion Portfolio Solutions LLC trimmed its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 4.6% during the 4th quarter, HoldingsChannel.com reports. The firm owned 269,768 shares of the company’s stock after selling 12,983 shares during the quarter. Orion Portfolio Solutions LLC’s holdings in iShares S&P 500 Growth ETF were worth $27,390,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the stock. Strategic Financial Concepts LLC lifted its stake in iShares S&P 500 Growth ETF by 10,066.9% in the 4th quarter. Strategic Financial Concepts LLC now owns 425,892 shares of the company’s stock valued at $479,000 after buying an additional 421,703 shares in the last quarter. Advyzon Investment Management LLC purchased a new position in shares of iShares S&P 500 Growth ETF in the fourth quarter valued at approximately $420,000. Encompass Wealth Advisors LLC boosted its stake in shares of iShares S&P 500 Growth ETF by 2.0% in the fourth quarter. Encompass Wealth Advisors LLC now owns 367,564 shares of the company’s stock worth $37,319,000 after acquiring an additional 7,349 shares during the last quarter. Perigon Wealth Management LLC increased its position in shares of iShares S&P 500 Growth ETF by 3.9% during the fourth quarter. Perigon Wealth Management LLC now owns 104,980 shares of the company’s stock worth $10,760,000 after purchasing an additional 3,942 shares in the last quarter. Finally, Amundi raised its stake in iShares S&P 500 Growth ETF by 464.0% in the 4th quarter. Amundi now owns 13,711 shares of the company’s stock valued at $1,392,000 after purchasing an additional 11,280 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Performance

Shares of IVW stock opened at $94.86 on Friday. iShares S&P 500 Growth ETF has a fifty-two week low of $79.07 and a fifty-two week high of $107.14. The stock’s fifty day moving average is $101.04 and its two-hundred day moving average is $99.77. The firm has a market capitalization of $52.22 billion, a P/E ratio of 30.22 and a beta of 1.08.

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.