iShares S&P 500 Growth ETF (NYSEARCA:IVW) Stock Position Reduced by CIBC Private Wealth Group LLC

CIBC Private Wealth Group LLC lowered its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 14.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 26,593 shares of the company’s stock after selling 4,584 shares during the quarter. CIBC Private Wealth Group LLC’s holdings in iShares S&P 500 Growth ETF were worth $4,583,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Allred Capital Management LLC purchased a new position in iShares S&P 500 Growth ETF during the fourth quarter worth about $2,359,000. Signature Estate & Investment Advisors LLC boosted its position in iShares S&P 500 Growth ETF by 1.9% during the fourth quarter. Signature Estate & Investment Advisors LLC now owns 29,782 shares of the company’s stock worth $4,487,000 after acquiring an additional 568 shares during the last quarter. Creative Planning boosted its position in iShares S&P 500 Growth ETF by 2.8% during the fourth quarter. Creative Planning now owns 52,208 shares of the company’s stock worth $7,866,000 after acquiring an additional 1,403 shares during the last quarter. Essex Savings Bank acquired a new stake in iShares S&P 500 Growth ETF during the fourth quarter worth approximately $40,000. Finally, Litman Gregory Asset Management LLC boosted its position in iShares S&P 500 Growth ETF by 73.0% during the fourth quarter. Litman Gregory Asset Management LLC now owns 1,213 shares of the company’s stock worth $183,000 after acquiring an additional 512 shares during the last quarter.

Shares of IVW traded down $0.41 during mid-day trading on Wednesday, reaching $178.05. The company had a trading volume of 270,496 shares, compared to its average volume of 676,320. iShares S&P 500 Growth ETF has a fifty-two week low of $140.49 and a fifty-two week high of $181.59. The company’s fifty day simple moving average is $175.33.

The business also recently announced a quarterly dividend, which was paid on Friday, June 21st. Stockholders of record on Tuesday, June 18th were given a $0.7493 dividend. The ex-dividend date of this dividend was Monday, June 17th. This represents a $3.00 annualized dividend and a dividend yield of 1.68%. This is an increase from iShares S&P 500 Growth ETF’s previous quarterly dividend of $0.59.

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.

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Institutional Ownership by Quarter for iShares S&P 500 Growth ETF (NYSEARCA:IVW)

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