Etfidea LLC Reduces Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Etfidea LLC lessened its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 4.2% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 20,332 shares of the company’s stock after selling 898 shares during the quarter. Etfidea LLC’s holdings in iShares S&P 500 Growth ETF were worth $1,947,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. 1620 Investment Advisors Inc. purchased a new position in shares of iShares S&P 500 Growth ETF in the 2nd quarter valued at approximately $34,000. Financial Connections Group Inc. purchased a new position in shares of iShares S&P 500 Growth ETF in the 2nd quarter valued at approximately $35,000. Davis Capital Management grew its stake in shares of iShares S&P 500 Growth ETF by 78.4% in the 3rd quarter. Davis Capital Management now owns 412 shares of the company’s stock valued at $39,000 after purchasing an additional 181 shares during the last quarter. GPS Wealth Strategies Group LLC grew its stake in shares of iShares S&P 500 Growth ETF by 91.3% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 417 shares of the company’s stock valued at $39,000 after purchasing an additional 199 shares during the last quarter. Finally, Avondale Wealth Management grew its stake in shares of iShares S&P 500 Growth ETF by 56.1% in the 2nd quarter. Avondale Wealth Management now owns 434 shares of the company’s stock valued at $40,000 after purchasing an additional 156 shares during the last quarter.

iShares S&P 500 Growth ETF Trading Up 1.0 %

Shares of IVW stock opened at $99.65 on Wednesday. The business’s 50 day moving average is $96.65 and its two-hundred day moving average is $92.65. iShares S&P 500 Growth ETF has a twelve month low of $71.93 and a twelve month high of $101.55. The company has a market capitalization of $52.21 billion, a P/E ratio of 28.52 and a beta of 1.14.

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.