Lansing Street Advisors Reduces Holdings in iShares S&P 500 Growth ETF $IVW

Lansing Street Advisors reduced its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 8.6% in the 2nd quarter, HoldingsChannel reports. The firm owned 130,898 shares of the company’s stock after selling 12,318 shares during the period. iShares S&P 500 Growth ETF makes up about 3.8% of Lansing Street Advisors’ portfolio, making the stock its 5th largest position. Lansing Street Advisors’ holdings in iShares S&P 500 Growth ETF were worth $18,002,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Strive Financial Group LLC acquired a new position in iShares S&P 500 Growth ETF during the fourth quarter worth approximately $26,000. Financial Network Wealth Advisors LLC raised its stake 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 valued at $28,000 after buying an additional 143 shares during the period. Turning Point Benefit Group Inc. acquired a new stake in shares of iShares S&P 500 Growth ETF in the third quarter valued at approximately $28,000. First Pacific Financial acquired a new stake in shares of iShares S&P 500 Growth ETF in the second quarter valued at approximately $34,000. Finally, Thurston Springer Miller Herd & Titak Inc. boosted its stake in shares of iShares S&P 500 Growth ETF by 1,071.4% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 246 shares of the company’s stock worth $34,000 after acquiring an additional 225 shares during the period.

iShares S&P 500 Growth ETF Trading Down 0.4%

Shares of NYSEARCA IVW opened at $141.98 on Friday. The company has a market capitalization of $77.51 billion, a P/E ratio of 33.33 and a beta of 1.17. iShares S&P 500 Growth ETF has a 12 month low of $108.13 and a 12 month high of $143.26. The stock has a 50 day moving average of $136.54 and a 200-day moving average of $128.95.

About iShares S&P 500 Growth ETF

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.