Cranbrook Wealth Management LLC Decreases Stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Cranbrook Wealth Management LLC cut its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 0.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 62,569 shares of the company’s stock after selling 229 shares during the quarter. iShares S&P 500 Growth ETF comprises 1.5% of Cranbrook Wealth Management LLC’s investment portfolio, making the stock its 20th biggest position. Cranbrook Wealth Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $6,353,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the business. Davis Capital Management boosted its holdings in shares of iShares S&P 500 Growth ETF by 78.4% during the 3rd quarter. Davis Capital Management now owns 412 shares of the company’s stock worth $39,000 after purchasing an additional 181 shares during the last quarter. Element Wealth LLC lifted its position in iShares S&P 500 Growth ETF by 31.1% during the third quarter. Element Wealth LLC now owns 577 shares of the company’s stock worth $55,000 after buying an additional 137 shares in the last quarter. Valued Wealth Advisors LLC boosted its stake in iShares S&P 500 Growth ETF by 160.2% during the third quarter. Valued Wealth Advisors LLC now owns 601 shares of the company’s stock worth $58,000 after buying an additional 370 shares during the last quarter. Copley Financial Group Inc. purchased a new stake in iShares S&P 500 Growth ETF in the 3rd quarter valued at $64,000. Finally, ORG Wealth Partners LLC acquired a new stake in shares of iShares S&P 500 Growth ETF in the 3rd quarter worth $66,000.

iShares S&P 500 Growth ETF Stock Up 1.3 %

NYSEARCA IVW opened at $103.83 on Friday. iShares S&P 500 Growth ETF has a 52 week low of $75.62 and a 52 week high of $105.64. The business’s fifty day simple moving average is $102.10 and its 200-day simple moving average is $96.62. The firm has a market cap of $54.40 billion, a PE ratio of 28.52 and a beta of 1.14.

About iShares S&P 500 Growth ETF

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.