Sound Income Strategies LLC Decreases Holdings in iShares S&P 500 Growth ETF $IVW

Sound Income Strategies LLC decreased its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 5.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 29,953 shares of the company’s stock after selling 1,858 shares during the quarter. Sound Income Strategies LLC’s holdings in iShares S&P 500 Growth ETF were worth $3,298,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Flaharty Asset Management LLC acquired a new stake in shares of iShares S&P 500 Growth ETF in the first quarter valued at about $26,000. Elite Financial Inc. acquired a new stake in shares of iShares S&P 500 Growth ETF in the first quarter valued at about $26,000. Mechanics Financial Corp acquired a new stake in shares of iShares S&P 500 Growth ETF in the first quarter valued at about $27,000. Ryan Investment Management Inc. acquired a new stake in shares of iShares S&P 500 Growth ETF in the second quarter valued at about $36,000. Finally, Whipplewood Advisors LLC acquired a new stake in shares of iShares S&P 500 Growth ETF in the first quarter valued at about $32,000.

iShares S&P 500 Growth ETF Stock Up 0.5%

Shares of NYSEARCA IVW opened at $119.75 on Monday. The company’s 50-day simple moving average is $115.89 and its 200-day simple moving average is $105.53. iShares S&P 500 Growth ETF has a 52-week low of $79.31 and a 52-week high of $121.77. The firm has a market cap of $65.62 billion, a price-to-earnings ratio of 33.33 and a beta of 1.05.

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.