Significant Withdrawal from iShares S&P 500 Growth ETF

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The iShares S&P 500 Growth ETF (IVW) reported an outflow of approximately $140.3 million this week, marking a 0.5% decrease in shares outstanding from 479.75 million to 477.45 million. This change reflects notable selling pressure in the fund.

As of the latest trading session, IVW is priced at $60.72, within its 52-week range of $55.30 to $78.65. Its current price indicates a deviation from the 200-day moving average, which could be significant for investors assessing its momentum.

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