Wealth Alliance LLC Has $26.07 Million Stock Position in iShares S&P 500 Growth ETF $IVW

Wealth Alliance LLC trimmed its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 3.2% during the third quarter, Holdings Channel.com reports. The institutional investor owned 215,956 shares of the company’s stock after selling 7,026 shares during the period. iShares S&P 500 Growth ETF accounts for 2.7% of Wealth Alliance LLC’s investment portfolio, making the stock its 5th largest holding. Wealth Alliance LLC’s holdings in iShares S&P 500 Growth ETF were worth $26,070,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. United Bank raised its holdings in shares of iShares S&P 500 Growth ETF by 4.6% in the 2nd quarter. United Bank now owns 52,096 shares of the company’s stock valued at $5,736,000 after purchasing an additional 2,280 shares during the period. Schnieders Capital Management LLC. bought a new stake in iShares S&P 500 Growth ETF in the second quarter valued at approximately $600,000. Whittier Trust Co. of Nevada Inc. raised its stake in iShares S&P 500 Growth ETF by 9.6% in the second quarter. Whittier Trust Co. of Nevada Inc. now owns 16,618 shares of the company’s stock valued at $1,830,000 after buying an additional 1,451 shares during the period. Caliber Wealth Management LLC KS lifted its position in shares of iShares S&P 500 Growth ETF by 20.5% in the second quarter. Caliber Wealth Management LLC KS now owns 11,432 shares of the company’s stock valued at $1,259,000 after buying an additional 1,946 shares during the last quarter. Finally, Freedom Investment Management Inc. boosted its stake in shares of iShares S&P 500 Growth ETF by 21.6% during the 2nd quarter. Freedom Investment Management Inc. now owns 13,973 shares of the company’s stock worth $1,538,000 after acquiring an additional 2,481 shares during the period.

iShares S&P 500 Growth ETF Trading Up 0.3%

IVW stock opened at $120.52 on Friday. iShares S&P 500 Growth ETF has a 1-year low of $79.31 and a 1-year high of $126.61. The business’s 50 day simple moving average is $122.83 and its 200 day simple moving average is $120.83. The firm has a market capitalization of $64.70 billion, a PE ratio of 33.33 and a beta of 1.11.

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. 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.