Connecticut Wealth Management LLC Sells 16,621 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Connecticut Wealth Management LLC decreased its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 3.8% during the 4th quarter, HoldingsChannel reports. The fund owned 423,817 shares of the company’s stock after selling 16,621 shares during the quarter. iShares S&P 500 Growth ETF comprises approximately 2.0% of Connecticut Wealth Management LLC’s investment portfolio, making the stock its 8th largest holding. Connecticut Wealth Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $43,030,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of IVW. Mountain Hill Investment Partners Corp. acquired a new position in shares of iShares S&P 500 Growth ETF in the fourth quarter worth about $28,000. BankPlus Trust Department acquired a new position in shares of iShares S&P 500 Growth ETF in the fourth quarter worth about $36,000. Hantz Financial Services Inc. bought a new stake in iShares S&P 500 Growth ETF in the fourth quarter valued at about $40,000. Compass Financial Services Inc bought a new stake in iShares S&P 500 Growth ETF in the fourth quarter valued at about $40,000. Finally, Bellevue Asset Management LLC bought a new stake in iShares S&P 500 Growth ETF in the fourth quarter valued at about $42,000.

iShares S&P 500 Growth ETF Stock Down 1.5%

Shares of iShares S&P 500 Growth ETF stock opened at $101.94 on Thursday. The firm has a market cap of $55.65 billion, a P/E ratio of 29.66 and a beta of 1.12. iShares S&P 500 Growth ETF has a fifty-two week low of $79.31 and a fifty-two week high of $107.14. The business has a 50-day moving average price of $94.00 and a 200 day moving average price of $99.25.

About iShares S&P 500 Growth ETF

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.