iShares S&P 500 Growth ETF $IVW Stock Sold by Investment Management Corp VA ADV

Investment Management Corp VA ADV cut its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 76.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 17,211 shares of the company’s stock after selling 54,359 shares during the period. iShares S&P 500 Growth ETF accounts for about 1.9% of Investment Management Corp VA ADV’s portfolio, making the stock its 12th biggest position. Investment Management Corp VA ADV’s holdings in iShares S&P 500 Growth ETF were worth $2,448,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of the stock. Decker Wealth Management LLC purchased a new position in shares of iShares S&P 500 Growth ETF during the first quarter worth approximately $2,991,000. Nwam LLC boosted its holdings in shares of iShares S&P 500 Growth ETF by 23.1% in the second quarter. Nwam LLC now owns 47,402 shares of the company’s stock valued at $6,519,000 after purchasing an additional 8,902 shares during the period. Sterling Investment Counsel LLC boosted its holdings in shares of iShares S&P 500 Growth ETF by 1.7% in the second quarter. Sterling Investment Counsel LLC now owns 287,866 shares of the company’s stock valued at $39,590,000 after purchasing an additional 4,694 shares during the period. Financial & Tax Architects LLC purchased a new stake in shares of iShares S&P 500 Growth ETF in the second quarter valued at approximately $5,702,000. Finally, Arcadia Wealth Management LLC grew its stake in iShares S&P 500 Growth ETF by 68.2% in the second quarter. Arcadia Wealth Management LLC now owns 19,508 shares of the company’s stock worth $2,683,000 after purchasing an additional 7,908 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Up 0.9%

IVW opened at $129.63 on Friday. The stock’s fifty day moving average is $140.00 and its two-hundred day moving average is $132.10. The company has a market capitalization of $71.70 billion, a P/E ratio of 24.96 and a beta of 1.17. iShares S&P 500 Growth ETF has a 52 week low of $108.13 and a 52 week high of $146.83.

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. 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.