iShares S&P 500 Growth ETF $IVW Shares Sold by Axis Wealth Partners LLC

Axis Wealth Partners LLC decreased its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 18.5% during the 4th quarter, HoldingsChannel.com reports. The firm owned 20,487 shares of the company’s stock after selling 4,660 shares during the quarter. iShares S&P 500 Growth ETF makes up approximately 1.4% of Axis Wealth Partners LLC’s portfolio, making the stock its 19th largest holding. Axis Wealth Partners LLC’s holdings in iShares S&P 500 Growth ETF were worth $2,525,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in IVW. Davis Capital Management purchased a new position in shares of iShares S&P 500 Growth ETF during the third quarter worth about $28,000. Decker Retirement Planning Inc. purchased a new position in shares of iShares S&P 500 Growth ETF during the fourth quarter worth about $28,000. Turning Point Benefit Group Inc. purchased a new position in shares of 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 during the second quarter worth about $30,000. Finally, Howe & Rusling Inc. grew its holdings in shares of iShares S&P 500 Growth ETF by 484.1% during the third quarter. Howe & Rusling Inc. now owns 257 shares of the company’s stock worth $31,000 after purchasing an additional 213 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Performance

Shares of IVW stock opened at $130.48 on Tuesday. The stock’s 50-day moving average is $119.61 and its two-hundred day moving average is $121.60. The firm has a market cap of $70.52 billion, a price-to-earnings ratio of 33.33 and a beta of 1.15. iShares S&P 500 Growth ETF has a 1 year low of $92.10 and a 1 year high of $130.51.

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.