Stordahl Capital Management Inc. Trims Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Stordahl Capital Management Inc. decreased its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 5.3% during the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 49,056 shares of the company’s stock after selling 2,758 shares during the period. iShares S&P 500 Growth ETF accounts for approximately 1.1% of Stordahl Capital Management Inc.’s portfolio, making the stock its 15th largest holding. Stordahl Capital Management Inc.’s holdings in iShares S&P 500 Growth ETF were worth $4,540,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of IVW. Goodwin Investment Advisory acquired a new position in iShares S&P 500 Growth ETF during the fourth quarter worth approximately $29,000. CarsonAllaria Wealth Management Ltd. increased its position in iShares S&P 500 Growth ETF by 45.5% during the first quarter. CarsonAllaria Wealth Management Ltd. now owns 400 shares of the company’s stock worth $34,000 after purchasing an additional 125 shares during the last quarter. Northwest Financial Advisors acquired a new position in iShares S&P 500 Growth ETF during the fourth quarter worth approximately $38,000. Avondale Wealth Management increased its position in shares of iShares S&P 500 Growth ETF by 56.1% in the second quarter. Avondale Wealth Management now owns 434 shares of the company’s stock worth $40,000 after acquiring an additional 156 shares in the last quarter. Finally, Adirondack Trust Co. purchased a new position in shares of iShares S&P 500 Growth ETF in the 2nd quarter valued at $43,000.

iShares S&P 500 Growth ETF Stock Up 0.4 %

Shares of IVW stock traded up $0.35 during mid-day trading on Monday, reaching $88.41. The company’s stock had a trading volume of 1,416,212 shares, compared to its average volume of 3,280,694. The company’s 50 day simple moving average is $91.62 and its 200-day simple moving average is $86.12. iShares S&P 500 Growth ETF has a 12-month low of $65.53 and a 12-month high of $97.22. The firm has a market capitalization of $46.32 billion, a PE ratio of 28.52 and a beta of 1.14.

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.