United Capital Financial Advisors LLC Sells 75,199 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

United Capital Financial Advisors LLC reduced its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 5.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,269,567 shares of the company’s stock after selling 75,199 shares during the period. iShares S&P 500 Growth ETF accounts for 1.1% of United Capital Financial Advisors LLC’s portfolio, making the stock its 15th biggest holding. United Capital Financial Advisors LLC owned 0.24% of iShares S&P 500 Growth ETF worth $128,899,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently made changes to their positions in IVW. Strategic Financial Concepts LLC boosted its stake in shares of iShares S&P 500 Growth ETF by 10,066.9% in the fourth quarter. Strategic Financial Concepts LLC now owns 425,892 shares of the company’s stock worth $479,000 after acquiring an additional 421,703 shares during the period. Advyzon Investment Management LLC bought a new position in shares of iShares S&P 500 Growth ETF during the fourth quarter worth $420,000. Inlight Wealth Management LLC purchased a new position in iShares S&P 500 Growth ETF during the fourth quarter valued at $211,000. Encompass Wealth Advisors LLC increased its holdings in iShares S&P 500 Growth ETF by 2.0% in the 4th quarter. Encompass Wealth Advisors LLC now owns 367,564 shares of the company’s stock valued at $37,319,000 after acquiring an additional 7,349 shares during the last quarter. Finally, Amundi lifted its stake in iShares S&P 500 Growth ETF by 464.0% in the 4th quarter. Amundi now owns 13,711 shares of the company’s stock worth $1,392,000 after purchasing an additional 11,280 shares in the last quarter.

iShares S&P 500 Growth ETF Trading Up 0.7 %

NYSEARCA:IVW opened at $90.99 on Tuesday. The company has a market capitalization of $49.57 billion, a P/E ratio of 28.32 and a beta of 1.12. The business’s 50-day moving average is $96.78 and its 200 day moving average is $99.40. iShares S&P 500 Growth ETF has a 12 month low of $79.07 and a 12 month high of $107.14.

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.