iShares S&P 500 Growth ETF (NYSEARCA:IVW) Shares Sold by Avestar Capital LLC

Avestar Capital LLC reduced its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 5.6% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 82,415 shares of the company’s stock after selling 4,863 shares during the quarter. iShares S&P 500 Growth ETF comprises approximately 0.8% of Avestar Capital LLC’s investment portfolio, making the stock its 23rd largest position. Avestar Capital LLC’s holdings in iShares S&P 500 Growth ETF were worth $7,891,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Boston Family Office LLC raised its position in shares of iShares S&P 500 Growth ETF by 0.4% in the third quarter. Boston Family Office LLC now owns 26,064 shares of the company’s stock valued at $2,496,000 after buying an additional 105 shares during the last quarter. Inspire Advisors LLC raised its holdings in iShares S&P 500 Growth ETF by 4.4% in the 3rd quarter. Inspire Advisors LLC now owns 2,602 shares of the company’s stock valued at $249,000 after acquiring an additional 109 shares during the last quarter. Annex Advisory Services LLC lifted its stake in iShares S&P 500 Growth ETF by 2.7% in the 2nd quarter. Annex Advisory Services LLC now owns 4,165 shares of the company’s stock worth $385,000 after purchasing an additional 110 shares in the last quarter. Savvy Advisors Inc. boosted its holdings in shares of iShares S&P 500 Growth ETF by 2.7% during the 3rd quarter. Savvy Advisors Inc. now owns 4,306 shares of the company’s stock worth $412,000 after purchasing an additional 112 shares during the last quarter. Finally, First National Bank & Trust Co. of Newtown grew its position in shares of iShares S&P 500 Growth ETF by 0.6% in the third quarter. First National Bank & Trust Co. of Newtown now owns 17,821 shares of the company’s stock valued at $1,706,000 after purchasing an additional 115 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Performance

Shares of iShares S&P 500 Growth ETF stock opened at $100.29 on Tuesday. The business’s 50 day moving average price is $97.19 and its 200 day moving average price is $93.08. The company has a market cap of $52.54 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a one year low of $71.93 and a one year high of $101.55.

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.