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

TSA Wealth Managment LLC cut its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 7.6% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 149,490 shares of the company’s stock after selling 12,222 shares during the quarter. iShares S&P 500 Growth ETF makes up 5.8% of TSA Wealth Managment LLC’s portfolio, making the stock its 5th largest position. TSA Wealth Managment LLC’s holdings in iShares S&P 500 Growth ETF were worth $14,314,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in IVW. QRG Capital Management Inc. increased its stake in shares of iShares S&P 500 Growth ETF by 1.9% in the 1st quarter. QRG Capital Management Inc. now owns 8,457 shares of the company’s stock valued at $714,000 after buying an additional 160 shares during the period. Kingsview Wealth Management LLC raised its holdings in iShares S&P 500 Growth ETF by 3.8% during the 1st quarter. Kingsview Wealth Management LLC now owns 21,906 shares of the company’s stock worth $1,850,000 after purchasing an additional 792 shares during the last quarter. Prevail Innovative Wealth Advisors LLC acquired a new position in iShares S&P 500 Growth ETF during the 1st quarter valued at about $404,000. First Foundation Advisors boosted its stake in shares of iShares S&P 500 Growth ETF by 22.9% in the 1st quarter. First Foundation Advisors now owns 13,853 shares of the company’s stock valued at $1,170,000 after purchasing an additional 2,585 shares during the last quarter. Finally, Pinnacle Wealth Planning Services Inc. grew its position in shares of iShares S&P 500 Growth ETF by 12.1% during the 1st quarter. Pinnacle Wealth Planning Services Inc. now owns 3,893 shares of the company’s stock worth $329,000 after buying an additional 420 shares during the period.

iShares S&P 500 Growth ETF Price Performance

IVW opened at $98.33 on Friday. iShares S&P 500 Growth ETF has a fifty-two week low of $71.68 and a fifty-two week high of $101.55. The company has a market cap of $51.52 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. The firm has a 50 day simple moving average of $96.26 and a 200 day simple moving average of $92.26.

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.