AlphaMark Advisors LLC Reduces Holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

On October 20, 2024, it was reported that AlphaMark Advisors LLC significantly reduced its stake in the iShares S&P 500 Growth ETF (NYSEARCA:IVW). According to the latest Form 13F filing with the Securities and Exchange Commission (SEC), AlphaMark Advisors cut its holdings by 43.0% during the third quarter, leaving it with 728 shares after selling 549 shares in that timeframe. As of the most recent SEC filing, these holdings were valued at approximately $70,000.

Other large investors have also adjusted their positions in IVW recently. Envestnet Asset Management Inc. increased its ownership of the iShares S&P 500 Growth ETF by 47.0% during the second quarter. This firm now holds 49,022,359 shares, amounting to a total value of $4,536,529,000, after acquiring an additional 15,673,824 shares in the last quarter. Similarly, LPL Financial LLC expanded its holdings by 35.2%, owning 15,426,906 shares valued at $1,427,606,000 after adding 4,015,007 shares.

Envestnet Portfolio Solutions Inc. also increased its stake in IVW by 60.6% during the same second quarter, resulting in ownership of 6,371,552 shares worth $589,623,000 after gaining 2,404,544 shares. Moreover, Cetera Investment Advisers raised its holdings by an impressive 200.4% in the first quarter, bringing their total to 2,545,315 shares valued at $214,926,000 following the acquisition of an additional 1,698,066 shares. Park Avenue Securities LLC also increased its position by 60.1% during the second quarter, taking ownership of 4,243,838 shares valued at $392,725,000 after acquiring 1,593,875 shares.

iShares S&P 500 Growth ETF Price Overview

As for the iShares S&P 500 Growth ETF, its shares opened at $97.52 on Friday. Currently, the ETF boasts a market capitalization of $51.09 billion, a price-to-earnings (P/E) ratio of 28.52, and a beta of 1.14. Within the past year, IVW has reached a low of $65.53 and a high of $98.05, with a 50-day moving average of $93.72 and a 200-day moving average of $90.12.

About iShares S&P 500 Growth ETF

The iShares S&P 500 Growth ETF, previously known as the iShares S&P 500 Growth Index Fund, is an exchange-traded fund (ETF). The fund aims to match the investment results that reflect the price and yield performance of the S&P 500/Citigroup Growth Index. This index specifically gauges the performance of the large-cap growth sector of the U.S. equity market.

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