Virtue Capital Management LLC Sells 388 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Virtue Capital Management LLC decreased its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 20.3% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,527 shares of the company’s stock after selling 388 shares during the quarter. Virtue Capital Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $263,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Bank of America Corp DE raised its holdings in shares of iShares S&P 500 Growth ETF by 2.8% during the 4th quarter. Bank of America Corp DE now owns 5,696,908 shares of the company’s stock valued at $858,353,000 after purchasing an additional 155,260 shares in the last quarter. Jones Financial Companies Lllp grew its stake in iShares S&P 500 Growth ETF by 0.7% in the 1st quarter. Jones Financial Companies Lllp now owns 3,403,829 shares of the company’s stock valued at $586,684,000 after buying an additional 22,710 shares during the last quarter. Ellis Investment Partners LLC grew its stake in iShares S&P 500 Growth ETF by 17,384.5% in the 1st quarter. Ellis Investment Partners LLC now owns 2,927,087 shares of the company’s stock valued at $2,927,000 after buying an additional 2,910,346 shares during the last quarter. PNC Financial Services Group Inc. grew its stake in iShares S&P 500 Growth ETF by 56.9% in the 4th quarter. PNC Financial Services Group Inc. now owns 2,679,058 shares of the company’s stock valued at $403,654,000 after buying an additional 971,693 shares during the last quarter. Finally, LPL Financial LLC grew its stake in iShares S&P 500 Growth ETF by 3.9% in the 4th quarter. LPL Financial LLC now owns 2,469,242 shares of the company’s stock valued at $372,041,000 after buying an additional 92,302 shares during the last quarter.

NYSEARCA IVW traded up $0.64 during midday trading on Friday, hitting $179.24. The company had a trading volume of 435,268 shares, compared to its average volume of 671,035. The stock has a fifty day moving average of $175.54. 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 firm also recently announced a quarterly dividend, which was paid on Friday, June 21st. Stockholders of record on Tuesday, June 18th were given a dividend of $0.7493 per share. This is a positive change from iShares S&P 500 Growth ETF’s previous quarterly dividend of $0.59. This represents a $3.00 annualized dividend and a dividend yield of 1.67%. The ex-dividend date of this dividend was Monday, June 17th.

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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