Silverlake Wealth Management LLC Cuts Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Silverlake Wealth Management LLC lessened its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 8.7% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,613 shares of the company’s stock after selling 249 shares during the period. Silverlake Wealth Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $265,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. River Street Advisors LLC raised its holdings in shares of iShares S&P 500 Growth ETF by 17.5% in the 3rd quarter. River Street Advisors LLC now owns 9,981 shares of the company’s stock worth $956,000 after purchasing an additional 1,483 shares during the period. Perigon Wealth Management LLC raised its holdings in shares of iShares S&P 500 Growth ETF by 3.9% in the 4th quarter. Perigon Wealth Management LLC now owns 104,980 shares of the company’s stock worth $10,760,000 after purchasing an additional 3,942 shares during the period. Citigroup Inc. raised its holdings in shares of iShares S&P 500 Growth ETF by 11.5% in the 3rd quarter. Citigroup Inc. now owns 336,250 shares of the company’s stock worth $32,196,000 after purchasing an additional 34,624 shares during the period. Tompkins Financial Corp raised its holdings in shares of iShares S&P 500 Growth ETF by 31.0% in the 4th quarter. Tompkins Financial Corp now owns 12,404 shares of the company’s stock worth $1,259,000 after purchasing an additional 2,936 shares during the period. Finally, Brookstone Capital Management raised its holdings in shares of iShares S&P 500 Growth ETF by 0.3% in the 3rd quarter. Brookstone Capital Management now owns 228,446 shares of the company’s stock worth $21,874,000 after purchasing an additional 673 shares during the period.

iShares S&P 500 Growth ETF Trading Up 0.5 %

NYSEARCA:IVW opened at $104.89 on Thursday. The stock has a market capitalization of $54.95 billion, a PE ratio of 28.52 and a beta of 1.14. The firm’s 50 day moving average is $103.27 and its 200 day moving average is $97.52. iShares S&P 500 Growth ETF has a 12 month low of $79.07 and a 12 month high of $107.14.

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.