D.A. Davidson & CO. Reduces Stock Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

D.A. Davidson & CO. lessened its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 0.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 79,046 shares of the company’s stock after selling 162 shares during the quarter. D.A. Davidson & CO.’s holdings in iShares S&P 500 Growth ETF were worth $8,026,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Hantz Financial Services Inc. purchased a new position in iShares S&P 500 Growth ETF in the fourth quarter valued at $40,000. Compass Financial Services Inc purchased a new position in iShares S&P 500 Growth ETF in the fourth quarter valued at $40,000. POM Investment Strategies LLC grew its holdings in shares of iShares S&P 500 Growth ETF by 194.8% during the fourth quarter. POM Investment Strategies LLC now owns 457 shares of the company’s stock worth $46,000 after purchasing an additional 302 shares during the last quarter. Element Wealth LLC grew its holdings in shares of iShares S&P 500 Growth ETF by 31.1% during the third quarter. Element Wealth LLC now owns 577 shares of the company’s stock worth $55,000 after purchasing an additional 137 shares during the last quarter. Finally, Valued Wealth Advisors LLC grew its holdings in shares of iShares S&P 500 Growth ETF by 160.2% during the third quarter. Valued Wealth Advisors LLC now owns 601 shares of the company’s stock worth $58,000 after purchasing an additional 370 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Performance

Shares of IVW stock opened at $106.66 on Wednesday. The stock’s 50-day moving average is $103.91 and its two-hundred day moving average is $98.48. The firm has a market cap of $59.52 billion, a price-to-earnings ratio of 33.87 and a beta of 1.07. iShares S&P 500 Growth ETF has a 1 year low of $79.07 and a 1 year 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.