Avitas Wealth Management LLC Trims Stock Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Avitas Wealth Management LLC reduced its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 0.6% during the fourth quarter, Holdings Channel reports. The firm owned 139,077 shares of the company’s stock after selling 876 shares during the quarter. iShares S&P 500 Growth ETF makes up approximately 2.0% of Avitas Wealth Management LLC’s portfolio, making the stock its 11th biggest position. Avitas Wealth Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $14,120,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Dakota Wealth Management grew its position in shares of iShares S&P 500 Growth ETF by 1.2% in the 4th quarter. Dakota Wealth Management now owns 7,935 shares of the company’s stock worth $806,000 after buying an additional 97 shares during the period. waypoint wealth counsel boosted its stake in iShares S&P 500 Growth ETF by 0.4% in the 4th quarter. waypoint wealth counsel now owns 27,282 shares of the company’s stock worth $2,770,000 after purchasing an additional 99 shares in the last quarter. Gradient Investments LLC boosted its stake in iShares S&P 500 Growth ETF by 2.7% in the 4th quarter. Gradient Investments LLC now owns 3,901 shares of the company’s stock worth $396,000 after purchasing an additional 103 shares in the last quarter. Boston Family Office LLC boosted its stake in iShares S&P 500 Growth ETF by 0.4% in the 3rd quarter. Boston Family Office LLC now owns 26,064 shares of the company’s stock worth $2,496,000 after purchasing an additional 105 shares in the last quarter. Finally, Inspire Advisors LLC boosted its stake in iShares S&P 500 Growth ETF by 4.4% in the 3rd quarter. Inspire Advisors LLC now owns 2,602 shares of the company’s stock worth $249,000 after purchasing an additional 109 shares in the last quarter.

iShares S&P 500 Growth ETF Price Performance

Shares of iShares S&P 500 Growth ETF stock opened at $104.42 on Wednesday. The stock has a market cap of $54.71 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. The firm’s 50-day moving average is $103.19 and its 200 day moving average is $97.44. iShares S&P 500 Growth ETF has a 1 year low of $79.07 and a 1 year high of $107.14.

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.