Pacific Financial Group Inc. Sells 9,230 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Pacific Financial Group Inc. lowered its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 8.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 98,302 shares of the company’s stock after selling 9,230 shares during the period. iShares S&P 500 Growth ETF comprises 6.9% of Pacific Financial Group Inc.’s investment portfolio, making the stock its 3rd biggest position. Pacific Financial Group Inc.’s holdings in iShares S&P 500 Growth ETF were worth $9,412,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. River Street Advisors LLC raised its position in iShares S&P 500 Growth ETF by 17.5% in the 3rd quarter. River Street Advisors LLC now owns 9,981 shares of the company’s stock valued at $956,000 after purchasing an additional 1,483 shares in the last quarter. Foster Victor Wealth Advisors LLC acquired a new stake in iShares S&P 500 Growth ETF in the 2nd quarter valued at about $226,000. FineMark National Bank & Trust raised its position in iShares S&P 500 Growth ETF by 4.8% in the 2nd quarter. FineMark National Bank & Trust now owns 71,052 shares of the company’s stock valued at $6,575,000 after purchasing an additional 3,279 shares in the last quarter. Choreo LLC raised its position in iShares S&P 500 Growth ETF by 13.8% in the 2nd quarter. Choreo LLC now owns 506,741 shares of the company’s stock valued at $47,239,000 after purchasing an additional 61,420 shares in the last quarter. Finally, Adaptive Financial Consulting LLC raised its position in iShares S&P 500 Growth ETF by 1.2% in the 2nd quarter. Adaptive Financial Consulting LLC now owns 195,869 shares of the company’s stock valued at $18,126,000 after purchasing an additional 2,383 shares in the last quarter.

iShares S&P 500 Growth ETF Price Performance

IVW stock opened at $99.62 on Monday. iShares S&P 500 Growth ETF has a 1 year low of $71.93 and a 1 year high of $101.55. The firm has a market capitalization of $52.19 billion, a P/E ratio of 28.52 and a beta of 1.14. The business’s 50-day moving average is $97.06 and its two-hundred day moving average is $92.97.

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.