Fmr LLC Lowers Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

FMR LLC reduced its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 2.3% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 912,821 shares of the company’s stock after selling 21,388 shares during the period. FMR LLC owned approximately 0.71% of iShares S&P 500 Growth ETF worth $148,434,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently added to or reduced their stakes in the company. BerganKDV Wealth Management LLC bought a new stake in iShares S&P 500 Growth ETF during the second quarter valued at about $105,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors bought a new stake in iShares S&P 500 Growth ETF during the second quarter valued at about $117,000. Signaturefd LLC bought a new stake in iShares S&P 500 Growth ETF during the first quarter valued at about $131,000. Karp Capital Management Corp bought a new stake in shares of iShares S&P 500 Growth ETF in the first quarter worth about $152,000. Finally, Gemmer Asset Management LLC increased its holdings in shares of iShares S&P 500 Growth ETF by 156.9% in the second quarter. Gemmer Asset Management LLC now owns 1,156 shares of the company’s stock worth $188,000 after purchasing an additional 706 shares during the last quarter.

Shares of IVW stock traded down $1.36 during trading hours on Friday, hitting $173.62. The stock had a trading volume of 1,460,237 shares, compared to its average volume of 751,022. iShares S&P 500 Growth ETF has a one year low of $144.93 and a one year high of $178.61.

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 2nd. Stockholders of record on Thursday, September 27th were issued a $0.4715 dividend. The ex-dividend date was Wednesday, September 26th. This represents a $1.89 annualized dividend and a dividend yield of 1.09%.

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.

Further Reading: Stock Symbols and CUSIP Explained

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

Receive News & Ratings for iShares S&P 500 Growth ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares S&P 500 Growth ETF and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply