waypoint wealth counsel Lowers Stock Position in iShares S&P 500 Growth ETF $IVW

waypoint wealth counsel cut its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 89.5% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,995 shares of the company’s stock after selling 25,587 shares during the quarter. waypoint wealth counsel’s holdings in iShares S&P 500 Growth ETF were worth $339,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of IVW. United Bank raised its position in shares of iShares S&P 500 Growth ETF by 4.6% during the 2nd quarter. United Bank now owns 52,096 shares of the company’s stock valued at $5,736,000 after buying an additional 2,280 shares in the last quarter. Schnieders Capital Management LLC. purchased a new position in iShares S&P 500 Growth ETF in the second quarter worth $600,000. Russell Investments Group Ltd. increased its stake in iShares S&P 500 Growth ETF by 13.4% in the second quarter. Russell Investments Group Ltd. now owns 5,992 shares of the company’s stock valued at $660,000 after acquiring an additional 707 shares during the last quarter. First Trust Advisors LP increased its stake in iShares S&P 500 Growth ETF by 15.4% in the second quarter. First Trust Advisors LP now owns 31,834 shares of the company’s stock valued at $3,505,000 after acquiring an additional 4,238 shares during the last quarter. Finally, Flow Traders U.S. LLC bought a new position in iShares S&P 500 Growth ETF in the second quarter valued at $244,000.

iShares S&P 500 Growth ETF Price Performance

NYSEARCA IVW opened at $132.58 on Monday. The stock’s 50-day simple moving average is $134.68 and its two-hundred day simple moving average is $125.66. iShares S&P 500 Growth ETF has a twelve month low of $108.13 and a twelve month high of $141.98. The company has a market capitalization of $71.85 billion, a price-to-earnings ratio of 33.33 and a beta of 1.17.

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. The Growth Index is a subset of the S&P 500 and consists of those stocks in the S&P 500 exhibiting the strongest growth characteristics.