Sax Wealth Advisors LLC Sells 5,300 Shares of iShares S&P 500 Growth ETF $IVW

Sax Wealth Advisors LLC decreased its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 31.1% in the 4th quarter, Holdings Channel.com reports. The firm owned 11,759 shares of the company’s stock after selling 5,300 shares during the period. Sax Wealth Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $1,449,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of the business. Little House Capital LLC grew its stake in iShares S&P 500 Growth ETF by 2.0% in the 3rd quarter. Little House Capital LLC now owns 3,993 shares of the company’s stock valued at $482,000 after buying an additional 80 shares in the last quarter. Wingate Wealth Advisors Inc. lifted its position in shares of iShares S&P 500 Growth ETF by 3.5% during the third quarter. Wingate Wealth Advisors Inc. now owns 2,488 shares of the company’s stock worth $300,000 after acquiring an additional 83 shares in the last quarter. Smith Moore & CO. lifted its position in shares of iShares S&P 500 Growth ETF by 2.9% during the third quarter. Smith Moore & CO. now owns 3,021 shares of the company’s stock worth $365,000 after acquiring an additional 85 shares in the last quarter. Frazier Financial Advisors LLC boosted its holdings in shares of iShares S&P 500 Growth ETF by 11.4% in the third quarter. Frazier Financial Advisors LLC now owns 843 shares of the company’s stock worth $102,000 after acquiring an additional 86 shares during the period. Finally, Gerber Kawasaki Wealth & Investment Management boosted its holdings in shares of iShares S&P 500 Growth ETF by 0.7% in the third quarter. Gerber Kawasaki Wealth & Investment Management now owns 11,647 shares of the company’s stock worth $1,406,000 after acquiring an additional 86 shares during the period.

iShares S&P 500 Growth ETF Stock Performance

Shares of NYSEARCA IVW opened at $111.92 on Friday. iShares S&P 500 Growth ETF has a fifty-two week low of $79.31 and a fifty-two week high of $126.61. The stock has a market cap of $60.08 billion, a PE ratio of 33.33 and a beta of 1.11. The stock has a fifty day moving average of $120.12 and a 200-day moving average of $121.41.

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.