MJT & Associates Financial Advisory Group Inc. Sells 15,416 Shares of iShares S&P 500 Growth ETF $IVW

MJT & Associates Financial Advisory Group Inc. decreased its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 8.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 174,815 shares of the company’s stock after selling 15,416 shares during the period. iShares S&P 500 Growth ETF makes up 15.9% of MJT & Associates Financial Advisory Group Inc.’s portfolio, making the stock its 3rd biggest position. MJT & Associates Financial Advisory Group Inc.’s holdings in iShares S&P 500 Growth ETF were worth $24,042,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also modified their holdings of IVW. RDA Financial Network grew its holdings in iShares S&P 500 Growth ETF by 6.2% during the 2nd quarter. RDA Financial Network now owns 2,127 shares of the company’s stock valued at $293,000 after purchasing an additional 125 shares in the last quarter. CX Institutional increased its position in shares of iShares S&P 500 Growth ETF by 5.1% in the 2nd quarter. CX Institutional now owns 134,747 shares of the company’s stock worth $18,532,000 after purchasing an additional 6,544 shares during the last quarter. Trust Co of the South raised its stake in shares of iShares S&P 500 Growth ETF by 9.5% in the 2nd quarter. Trust Co of the South now owns 7,163 shares of the company’s stock valued at $985,000 after purchasing an additional 620 shares in the last quarter. WealthPoint Financial LLC raised its stake in shares of iShares S&P 500 Growth ETF by 2.9% in the 1st quarter. WealthPoint Financial LLC now owns 34,632 shares of the company’s stock valued at $3,917,000 after purchasing an additional 978 shares in the last quarter. Finally, Redwood Investment Management LLC lifted its position in shares of iShares S&P 500 Growth ETF by 13.1% during the first quarter. Redwood Investment Management LLC now owns 42,076 shares of the company’s stock worth $4,759,000 after purchasing an additional 4,859 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Performance

NYSEARCA:IVW opened at $138.24 on Tuesday. The company has a market capitalization of $75.49 billion, a price-to-earnings ratio of 33.33 and a beta of 1.17. iShares S&P 500 Growth ETF has a one year low of $108.13 and a one year high of $141.98. The stock has a 50-day simple moving average of $136.13 and a 200 day simple moving average of $127.82.

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.