Newton One Investments LLC Sells 387 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Newton One Investments LLC decreased its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 8.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,135 shares of the company’s stock after selling 387 shares during the period. iShares S&P 500 Growth ETF accounts for about 0.2% of Newton One Investments LLC’s holdings, making the stock its 27th largest holding. Newton One Investments LLC’s holdings in iShares S&P 500 Growth ETF were worth $420,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in IVW. Hantz Financial Services Inc. bought a new stake in shares of iShares S&P 500 Growth ETF during the 4th quarter valued at about $40,000. Element Wealth LLC grew its holdings in shares of iShares S&P 500 Growth ETF by 31.1% during the 3rd quarter. Element Wealth LLC now owns 577 shares of the company’s stock worth $55,000 after acquiring an additional 137 shares during the period. Valued Wealth Advisors LLC raised its position in shares of iShares S&P 500 Growth ETF by 160.2% in the 3rd quarter. Valued Wealth Advisors LLC now owns 601 shares of the company’s stock worth $58,000 after acquiring an additional 370 shares in the last quarter. Copley Financial Group Inc. purchased a new stake in iShares S&P 500 Growth ETF in the third quarter worth $64,000. Finally, ORG Wealth Partners LLC bought a new position in iShares S&P 500 Growth ETF in the third quarter worth $66,000.

iShares S&P 500 Growth ETF Price Performance

Shares of iShares S&P 500 Growth ETF stock opened at $103.32 on Tuesday. The firm has a market cap of $54.13 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a 1 year low of $79.07 and a 1 year high of $107.14. The company has a 50-day moving average of $103.12 and a 200 day moving average of $97.36.

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.