iShares S&P 500 Growth ETF $IVW Shares Sold by M1 Capital Management LLC

M1 Capital Management LLC decreased its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 4.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 144,887 shares of the company’s stock after selling 6,042 shares during the period. iShares S&P 500 Growth ETF comprises 7.6% of M1 Capital Management LLC’s investment portfolio, making the stock its 2nd biggest position. M1 Capital Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $17,491,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of IVW. Davis Capital Management purchased a new stake in iShares S&P 500 Growth ETF during the third quarter worth about $28,000. Darwin Wealth Management LLC purchased a new position in shares of iShares S&P 500 Growth ETF in the second quarter valued at approximately $30,000. Howe & Rusling Inc. boosted its stake in shares of iShares S&P 500 Growth ETF by 484.1% in the third quarter. Howe & Rusling Inc. now owns 257 shares of the company’s stock valued at $31,000 after purchasing an additional 213 shares during the period. Financial Consulate Inc. acquired a new position in shares of iShares S&P 500 Growth ETF in the third quarter valued at approximately $41,000. Finally, Optiver Holding B.V. purchased a new stake in iShares S&P 500 Growth ETF during the 3rd quarter worth approximately $46,000.

iShares S&P 500 Growth ETF Stock Down 0.1%

iShares S&P 500 Growth ETF stock opened at $119.81 on Friday. The firm has a market cap of $64.31 billion, a PE ratio of 33.33 and a beta of 1.11. iShares S&P 500 Growth ETF has a 52-week low of $79.31 and a 52-week high of $126.61. The company’s 50 day moving average is $122.29 and its two-hundred day moving average is $121.21.

iShares S&P 500 Growth ETF Company 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.