Interchange Capital Partners LLC Sells 6,714 Shares of iShares S&P 500 Growth ETF $IVW

Interchange Capital Partners LLC reduced its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 21.4% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 24,710 shares of the company’s stock after selling 6,714 shares during the period. iShares S&P 500 Growth ETF accounts for approximately 0.6% of Interchange Capital Partners LLC’s portfolio, making the stock its 25th largest holding. Interchange Capital Partners LLC’s holdings in iShares S&P 500 Growth ETF were worth $3,398,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in IVW. Strive Financial Group LLC purchased a new position in shares of iShares S&P 500 Growth ETF in the fourth quarter worth about $26,000. Decker Retirement Planning Inc. bought a new stake in shares of iShares S&P 500 Growth ETF in the fourth quarter valued at approximately $28,000. Financial Network Wealth Advisors LLC lifted its stake in shares of iShares S&P 500 Growth ETF by 174.4% during the 4th quarter. Financial Network Wealth Advisors LLC now owns 225 shares of the company’s stock valued at $28,000 after buying an additional 143 shares in the last quarter. Turning Point Benefit Group Inc. purchased a new stake in shares of iShares S&P 500 Growth ETF during the 3rd quarter valued at approximately $28,000. Finally, Darwin Wealth Management LLC bought a new position in iShares S&P 500 Growth ETF in the 2nd quarter worth approximately $30,000.

iShares S&P 500 Growth ETF Trading Up 0.4%

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 company has a market cap of $77.25 billion, a PE ratio of 33.33 and a beta of 1.17. The company has a 50 day moving average of $136.34 and a 200 day moving average of $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.