Heritage Wealth Advisors Trims Stake in iShares S&P 500 Growth ETF $IVW

Heritage Wealth Advisors trimmed its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 0.8% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 59,238 shares of the company’s stock after selling 500 shares during the quarter. Heritage Wealth Advisors’ holdings in iShares S&P 500 Growth ETF were worth $6,522,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. PFG Advisors raised its holdings in shares of iShares S&P 500 Growth ETF by 8.0% in the first quarter. PFG Advisors now owns 61,580 shares of the company’s stock valued at $5,716,000 after acquiring an additional 4,560 shares in the last quarter. Greenwood Gearhart Inc. grew its holdings in iShares S&P 500 Growth ETF by 25.0% during the 1st quarter. Greenwood Gearhart Inc. now owns 9,981 shares of the company’s stock worth $927,000 after acquiring an additional 1,997 shares in the last quarter. Y Intercept Hong Kong Ltd purchased a new position in iShares S&P 500 Growth ETF during the 1st quarter valued at about $517,000. United Bank raised its holdings in shares of iShares S&P 500 Growth ETF by 8.0% in the 1st quarter. United Bank now owns 49,816 shares of the company’s stock valued at $4,624,000 after purchasing an additional 3,694 shares in the last quarter. Finally, Advocacy Wealth Management Services LLC lifted its position in shares of iShares S&P 500 Growth ETF by 11.9% in the 1st quarter. Advocacy Wealth Management Services LLC now owns 805,022 shares of the company’s stock worth $74,730,000 after purchasing an additional 85,780 shares during the period.

iShares S&P 500 Growth ETF Stock Performance

NYSEARCA IVW opened at $118.69 on Wednesday. The company has a market cap of $64.43 billion, a PE ratio of 33.33 and a beta of 1.11. The firm’s 50 day moving average price is $121.36 and its 200-day moving average price is $113.48. iShares S&P 500 Growth ETF has a 52-week low of $79.31 and a 52-week high of $126.61.

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.