Gray Private Wealth LLC Sells 1,592 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Gray Private Wealth LLC lessened its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVWFree Report) by 4.1% in the 4th quarter, Holdings Channel.com reports. The firm owned 37,563 shares of the company’s stock after selling 1,592 shares during the period. iShares S&P 500 Growth ETF makes up about 2.3% of Gray Private Wealth LLC’s investment portfolio, making the stock its 8th biggest position. Gray Private Wealth LLC’s holdings in iShares S&P 500 Growth ETF were worth $3,814,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Hantz Financial Services Inc. acquired a new stake in shares of iShares S&P 500 Growth ETF in the 4th quarter worth $40,000. Element Wealth LLC grew its holdings in shares of iShares S&P 500 Growth ETF by 31.1% in the third quarter. Element Wealth LLC now owns 577 shares of the company’s stock valued at $55,000 after purchasing an additional 137 shares during the period. Valued Wealth Advisors LLC grew its holdings in shares of iShares S&P 500 Growth ETF by 160.2% in the third quarter. Valued Wealth Advisors LLC now owns 601 shares of the company’s stock valued at $58,000 after purchasing an additional 370 shares during the period. Copley Financial Group Inc. acquired a new stake in iShares S&P 500 Growth ETF during the third quarter worth about $64,000. Finally, ORG Wealth Partners LLC purchased a new position in iShares S&P 500 Growth ETF during the third quarter worth about $66,000.

iShares S&P 500 Growth ETF Price Performance

iShares S&P 500 Growth ETF stock opened at $104.75 on Friday. The firm has a 50 day simple moving average of $103.48 and a 200-day simple moving average of $97.63. The stock has a market cap of $54.88 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.

iShares S&P 500 Growth ETF Profile

(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

Want to see what other hedge funds are holding IVW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares S&P 500 Growth ETF (NYSEARCA:IVWFree Report).

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

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