Community Bank N.A. lessened its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 7.5% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,305 shares of the company’s stock after selling 268 shares during the quarter. Community Bank N.A.’s holdings in iShares S&P 500 Growth ETF were worth $685,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Truewealth LLC raised its position in shares of iShares S&P 500 Growth ETF by 310.5% in the 1st quarter. Truewealth LLC now owns 156 shares of the company’s stock worth $26,000 after buying an additional 118 shares during the period. Macroview Investment Management LLC raised its holdings in shares of iShares S&P 500 Growth ETF by 134.8% in the 1st quarter. Macroview Investment Management LLC now owns 162 shares of the company’s stock worth $27,000 after purchasing an additional 93 shares during the period. PrairieView Partners LLC acquired a new position in shares of iShares S&P 500 Growth ETF in the 1st quarter valued at about $28,000. Savior LLC purchased a new stake in shares of iShares S&P 500 Growth ETF during the 2nd quarter worth about $29,000. Finally, Arden Trust Co acquired a new stake in iShares S&P 500 Growth ETF during the 1st quarter worth approximately $39,000.
IVW traded up $3.36 during trading on Friday, hitting $222.28. 415,423 shares of the company’s stock were exchanged, compared to its average volume of 916,926. iShares S&P 500 Growth ETF has a 1 year low of $140.84 and a 1 year high of $222.32. The stock has a 50 day moving average price of $210.79 and a 200 day moving average price of $194.11.
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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