Institutional & Family Asset Management LLC Has $11.92 Million Stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Institutional & Family Asset Management LLC cut its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 0.1% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 69,158 shares of the company’s stock after selling 87 shares during the quarter. iShares S&P 500 Growth ETF makes up approximately 2.5% of Institutional & Family Asset Management LLC’s holdings, making the stock its 5th biggest holding. Institutional & Family Asset Management LLC owned about 0.05% of iShares S&P 500 Growth ETF worth $11,920,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of IVW. Capital Investment Counsel Inc acquired a new stake in shares of iShares S&P 500 Growth ETF during the first quarter worth $26,000. Vigilant Capital Management LLC purchased a new position in shares of iShares S&P 500 Growth ETF during the first quarter worth $33,000. Cornerstone Advisors Inc. purchased a new position in shares of iShares S&P 500 Growth ETF during the first quarter worth $35,000. Global Wealth Management Investment Advisory Inc. raised its holdings in shares of iShares S&P 500 Growth ETF by 100.9% during the first quarter. Global Wealth Management Investment Advisory Inc. now owns 219 shares of the company’s stock worth $38,000 after purchasing an additional 110 shares during the last quarter. Finally, Essex Savings Bank purchased a new position in shares of iShares S&P 500 Growth ETF during the fourth quarter worth $40,000.

Shares of iShares S&P 500 Growth ETF stock traded up $0.64 during trading on Friday, hitting $179.24. 435,268 shares of the company’s stock were exchanged, compared to its average volume of 671,035. iShares S&P 500 Growth ETF has a 52-week low of $140.49 and a 52-week high of $181.59. The firm’s 50-day simple moving average is $175.54.

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 21st. Shareholders of record on Tuesday, June 18th were issued a $0.7493 dividend. This is a boost from iShares S&P 500 Growth ETF’s previous quarterly dividend of $0.59. The ex-dividend date was Monday, June 17th. This represents a $3.00 dividend on an annualized basis and a yield of 1.67%.

iShares S&P 500 Growth ETF Company 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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