Valmark Advisers Inc. Sells 24,736 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Valmark Advisers Inc. decreased its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 3.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 695,288 shares of the company’s stock after selling 24,736 shares during the period. iShares S&P 500 Growth ETF makes up about 1.1% of Valmark Advisers Inc.’s investment portfolio, making the stock its 22nd largest position. Valmark Advisers Inc. owned 0.13% of iShares S&P 500 Growth ETF worth $70,593,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the company. Alpha Financial Partners LLC bought a new position in shares of iShares S&P 500 Growth ETF in the third quarter worth about $11,343,000. Creative Planning grew its holdings in shares of iShares S&P 500 Growth ETF by 3.3% in the third quarter. Creative Planning now owns 506,415 shares of the company’s stock worth $48,489,000 after purchasing an additional 15,976 shares during the last quarter. Good Life Advisors LLC grew its holdings in shares of iShares S&P 500 Growth ETF by 102.0% in the third quarter. Good Life Advisors LLC now owns 5,076 shares of the company’s stock worth $486,000 after purchasing an additional 2,563 shares during the last quarter. Trust Co. of Vermont grew its holdings in shares of iShares S&P 500 Growth ETF by 8.5% in the third quarter. Trust Co. of Vermont now owns 2,653 shares of the company’s stock worth $254,000 after purchasing an additional 208 shares during the last quarter. Finally, Inspire Advisors LLC grew its holdings in shares of iShares S&P 500 Growth ETF by 4.4% in the third quarter. Inspire Advisors LLC now owns 2,602 shares of the company’s stock worth $249,000 after purchasing an additional 109 shares during the last quarter.

iShares S&P 500 Growth ETF Trading Up 0.2 %

NYSEARCA IVW opened at $106.63 on Friday. The company’s 50-day moving average price is $103.85 and its 200-day moving average price is $98.24. The stock has a market cap of $55.86 billion, a PE ratio of 28.52 and a beta of 1.14. 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 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.