HBK Sorce Advisory LLC Sells 686 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

HBK Sorce Advisory LLC cut its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 3.0% during the 4th quarter, Holdings Channel reports. The firm owned 22,386 shares of the company’s stock after selling 686 shares during the period. HBK Sorce Advisory LLC’s holdings in iShares S&P 500 Growth ETF were worth $2,273,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Raymond James Financial Inc. bought a new stake in iShares S&P 500 Growth ETF during the 4th quarter valued at approximately $456,880,000. Wealthfront Advisers LLC bought a new stake in iShares S&P 500 Growth ETF during the 4th quarter valued at approximately $350,009,000. The Manufacturers Life Insurance Company purchased a new position in shares of iShares S&P 500 Growth ETF during the third quarter valued at approximately $82,464,000. Arvest Bank Trust Division purchased a new position in shares of iShares S&P 500 Growth ETF during the third quarter valued at approximately $56,971,000. Finally, Strategic Financial Concepts LLC lifted its holdings in shares of iShares S&P 500 Growth ETF by 10,066.9% during the fourth quarter. Strategic Financial Concepts LLC now owns 425,892 shares of the company’s stock valued at $479,000 after purchasing an additional 421,703 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Performance

IVW stock opened at $92.45 on Friday. The firm has a 50 day moving average price of $102.44 and a 200-day moving average price of $99.53. iShares S&P 500 Growth ETF has a 52-week low of $79.07 and a 52-week high of $107.14. The firm has a market capitalization of $51.05 billion, a price-to-earnings ratio of 30.05 and a beta of 1.08.

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.