Able Wealth Management LLC Lowers Stock Holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Able Wealth Management LLC reduced its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 7.8% in the 4th quarter, HoldingsChannel.com reports. The firm owned 12,308 shares of the company’s stock after selling 1,040 shares during the quarter. Able Wealth Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $1,250,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the business. Alpha Financial Partners LLC acquired a new position in shares of iShares S&P 500 Growth ETF during the 3rd quarter valued at about $11,343,000. Allspring Global Investments Holdings LLC grew its holdings in iShares S&P 500 Growth ETF by 35,928.6% in the third quarter. Allspring Global Investments Holdings LLC now owns 2,522 shares of the company’s stock valued at $241,000 after purchasing an additional 2,515 shares during the period. Vicus Capital increased its position in iShares S&P 500 Growth ETF by 24.4% during the third quarter. Vicus Capital now owns 4,950 shares of the company’s stock worth $474,000 after purchasing an additional 972 shares during the last quarter. Eastern Bank raised its stake in iShares S&P 500 Growth ETF by 761.3% during the third quarter. Eastern Bank now owns 45,220 shares of the company’s stock worth $4,330,000 after purchasing an additional 39,970 shares during the period. Finally, FSC Wealth Advisors LLC acquired a new position in shares of iShares S&P 500 Growth ETF in the 3rd quarter valued at $3,616,000.

iShares S&P 500 Growth ETF Stock Up 0.0 %

Shares of NYSEARCA IVW opened at $106.69 on Thursday. The stock has a market capitalization of $59.53 billion, a PE ratio of 33.87 and a beta of 1.07. The firm has a fifty day moving average of $104.02 and a 200-day moving average of $98.67. iShares S&P 500 Growth ETF has a 52-week low of $79.07 and a 52-week high of $107.14.

iShares S&P 500 Growth ETF 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.