iShares S&P 500 Growth ETF $IVW Shares Sold by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC cut its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 4.2% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 181,999 shares of the company’s stock after selling 7,931 shares during the period. Sequoia Financial Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $20,586,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Strive Financial Group LLC acquired a new position in shares of iShares S&P 500 Growth ETF during the fourth quarter valued at $26,000. Decker Retirement Planning Inc. acquired a new stake in iShares S&P 500 Growth ETF in the fourth quarter worth about $28,000. Financial Network Wealth Advisors LLC lifted its holdings in iShares S&P 500 Growth ETF by 174.4% in the fourth quarter. Financial Network Wealth Advisors LLC now owns 225 shares of the company’s stock worth $28,000 after purchasing an additional 143 shares during the period. Turning Point Benefit Group Inc. bought a new position in iShares S&P 500 Growth ETF in the 3rd quarter valued at about $28,000. Finally, Entrust Financial LLC acquired a new position in iShares S&P 500 Growth ETF during the 4th quarter valued at about $33,000.

iShares S&P 500 Growth ETF Stock Performance

Shares of IVW stock traded up $0.82 during midday trading on Friday, reaching $138.59. 1,005,223 shares of the company were exchanged, compared to its average volume of 3,851,213. iShares S&P 500 Growth ETF has a 12 month low of $108.13 and a 12 month high of $141.98. The company has a market cap of $75.49 billion, a P/E ratio of 33.33 and a beta of 1.17. The company’s 50 day moving average price is $136.32 and its two-hundred day moving average price is $126.62.

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. The Growth Index is a subset of the S&P 500 and consists of those stocks in the S&P 500 exhibiting the strongest growth characteristics.