iShares S&P 500 Growth ETF $IVW Holdings Cut by Modera Wealth Management LLC

Modera Wealth Management LLC reduced its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 3.1% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 636,384 shares of the company’s stock after selling 20,540 shares during the period. Modera Wealth Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $71,981,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Calamos Advisors LLC grew its stake in iShares S&P 500 Growth ETF by 2,637.2% during the 1st quarter. Calamos Advisors LLC now owns 1,168,503 shares of the company’s stock worth $132,169,000 after buying an additional 1,125,813 shares during the last quarter. Focus Partners Wealth increased its position in iShares S&P 500 Growth ETF by 81.0% in the fourth quarter. Focus Partners Wealth now owns 1,920,546 shares of the company’s stock worth $236,725,000 after buying an additional 859,584 shares during the period. Fifth Third Bancorp lifted its stake in iShares S&P 500 Growth ETF by 131.3% in the first quarter. Fifth Third Bancorp now owns 1,497,810 shares of the company’s stock valued at $169,417,000 after buying an additional 850,349 shares during the last quarter. Valpey Financial Services LLC lifted its stake in iShares S&P 500 Growth ETF by 11,889.3% in the fourth quarter. Valpey Financial Services LLC now owns 712,286 shares of the company’s stock valued at $87,796,000 after buying an additional 706,345 shares during the last quarter. Finally, Align Financial LLC acquired a new position in shares of iShares S&P 500 Growth ETF during the fourth quarter valued at $49,180,000.

iShares S&P 500 Growth ETF Stock Performance

Shares of IVW opened at $134.26 on Friday. The firm has a fifty day moving average of $136.68 and a 200-day moving average of $127.04. The company has a market cap of $73.16 billion, a price-to-earnings ratio of 33.33 and a beta of 1.17. iShares S&P 500 Growth ETF has a 1 year low of $108.13 and a 1 year high of $141.98.

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.