IFP Advisors Inc Sells 73,175 Shares of iShares S&P 500 Growth ETF $IVW

IFP Advisors Inc trimmed its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 21.3% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 269,980 shares of the company’s stock after selling 73,175 shares during the period. IFP Advisors Inc’s holdings in iShares S&P 500 Growth ETF were worth $37,130,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in IVW. Decker Wealth Management LLC purchased a new stake in iShares S&P 500 Growth ETF in the first quarter worth about $2,991,000. Chatterton & Associates Inc. lifted its position in shares of iShares S&P 500 Growth ETF by 33.5% during the 1st quarter. Chatterton & Associates Inc. now owns 44,180 shares of the company’s stock valued at $5,306,000 after buying an additional 11,089 shares in the last quarter. Lansing Street Advisors grew its stake in shares of iShares S&P 500 Growth ETF by 5.8% during the 4th quarter. Lansing Street Advisors now owns 142,692 shares of the company’s stock valued at $17,588,000 after acquiring an additional 7,845 shares during the period. Farther Finance Advisors LLC grew its stake in shares of iShares S&P 500 Growth ETF by 31.8% during the 4th quarter. Farther Finance Advisors LLC now owns 386,527 shares of the company’s stock valued at $47,643,000 after acquiring an additional 93,161 shares during the period. Finally, West Wealth Group LLC increased its holdings in iShares S&P 500 Growth ETF by 4.4% in the 4th quarter. West Wealth Group LLC now owns 439,568 shares of the company’s stock worth $54,181,000 after acquiring an additional 18,499 shares in the last quarter.

iShares S&P 500 Growth ETF Trading Up 0.4%

NYSEARCA IVW opened at $141.49 on Thursday. iShares S&P 500 Growth ETF has a 12 month low of $108.13 and a 12 month high of $143.26. The stock has a market cap of $77.25 billion, a price-to-earnings ratio of 33.33 and a beta of 1.17. The company’s 50 day moving average is $136.34 and its two-hundred day moving average is $128.73.

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.