Orgel Wealth Management LLC Lowers Stock Holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Orgel Wealth Management LLC reduced its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVWFree Report) by 11.5% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,723 shares of the company’s stock after selling 354 shares during the period. Orgel Wealth Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $230,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of IVW. Financial Connections Group Inc. purchased a new position in shares of iShares S&P 500 Growth ETF during the fourth quarter worth $28,000. Goodwin Investment Advisory acquired a new stake in shares of iShares S&P 500 Growth ETF in the fourth quarter valued at $29,000. Life Planning Partners Inc acquired a new stake in iShares S&P 500 Growth ETF in the fourth quarter valued at $32,000. Northwest Financial Advisors acquired a new stake in iShares S&P 500 Growth ETF in the fourth quarter valued at $38,000. Finally, Ruedi Wealth Management Inc. raised its stake in iShares S&P 500 Growth ETF by 1,361.4% in the fourth quarter. Ruedi Wealth Management Inc. now owns 643 shares of the company’s stock valued at $48,000 after buying an additional 599 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Up 0.2 %

iShares S&P 500 Growth ETF stock traded up $0.21 during midday trading on Thursday, reaching $93.18. The company’s stock had a trading volume of 270,632 shares, compared to its average volume of 3,390,810. The business has a 50-day simple moving average of $86.55 and a 200-day simple moving average of $82.20. The company has a market cap of $48.82 billion, a P/E ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a fifty-two week low of $65.53 and a fifty-two week high of $93.81.

About iShares S&P 500 Growth ETF

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for iShares S&P 500 Growth ETF (NYSEARCA:IVW)

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