Trek Financial LLC Has $19.60 Million Stock Holdings in iShares S&P 500 Growth ETF $IVW

Trek Financial LLC trimmed its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 3.5% in the second quarter, HoldingsChannel.com reports. The fund owned 178,046 shares of the company’s stock after selling 6,484 shares during the quarter. iShares S&P 500 Growth ETF comprises about 1.3% of Trek Financial LLC’s investment portfolio, making the stock its 13th biggest position. Trek Financial LLC’s holdings in iShares S&P 500 Growth ETF were worth $19,603,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Sax Wealth Advisors LLC increased its stake in iShares S&P 500 Growth ETF by 142.3% in the second quarter. Sax Wealth Advisors LLC now owns 18,003 shares of the company’s stock valued at $1,982,000 after acquiring an additional 10,572 shares during the last quarter. Atlantic Union Bankshares Corp boosted its holdings in shares of iShares S&P 500 Growth ETF by 114.0% in the 2nd quarter. Atlantic Union Bankshares Corp now owns 12,691 shares of the company’s stock valued at $1,397,000 after purchasing an additional 6,761 shares in the last quarter. Embree Financial Group boosted its holdings in shares of iShares S&P 500 Growth ETF by 101.2% in the 2nd quarter. Embree Financial Group now owns 8,357 shares of the company’s stock valued at $920,000 after purchasing an additional 4,204 shares in the last quarter. Advyzon Investment Management LLC increased its stake in shares of iShares S&P 500 Growth ETF by 59.4% in the 2nd quarter. Advyzon Investment Management LLC now owns 4,694 shares of the company’s stock valued at $517,000 after purchasing an additional 1,750 shares during the last quarter. Finally, Barnes Pettey Financial Advisors LLC acquired a new position in shares of iShares S&P 500 Growth ETF during the 2nd quarter worth $231,000.

iShares S&P 500 Growth ETF Stock Up 0.3%

Shares of IVW stock opened at $123.37 on Wednesday. The business has a fifty day simple moving average of $121.72 and a 200 day simple moving average of $115.02. The company has a market cap of $66.97 billion, a P/E ratio of 33.33 and a beta of 1.11. iShares S&P 500 Growth ETF has a twelve month low of $79.31 and a twelve month high of $126.61.

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.