Independent Solutions Wealth Management LLC Sells 25,653 Shares of iShares S&P 500 Growth ETF $IVW

Independent Solutions Wealth Management LLC decreased its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 14.6% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 149,877 shares of the company’s stock after selling 25,653 shares during the period. iShares S&P 500 Growth ETF comprises approximately 3.4% of Independent Solutions Wealth Management LLC’s holdings, making the stock its 4th largest position. Independent Solutions Wealth Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $18,474,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Envestnet Asset Management Inc. raised its holdings in shares of iShares S&P 500 Growth ETF by 0.4% in the third quarter. Envestnet Asset Management Inc. now owns 45,556,746 shares of the company’s stock valued at $5,499,610,000 after purchasing an additional 179,866 shares during the last quarter. UBS Group AG raised its holdings in shares of iShares S&P 500 Growth ETF by 0.9% in the third quarter. UBS Group AG now owns 8,911,282 shares of the company’s stock valued at $1,075,770,000 after purchasing an additional 76,602 shares during the last quarter. Raymond James Financial Inc. raised its holdings in shares of iShares S&P 500 Growth ETF by 1.2% in the third quarter. Raymond James Financial Inc. now owns 4,309,062 shares of the company’s stock valued at $520,190,000 after purchasing an additional 52,514 shares during the last quarter. Lido Advisors LLC raised its holdings in shares of iShares S&P 500 Growth ETF by 6.5% in the third quarter. Lido Advisors LLC now owns 3,639,449 shares of the company’s stock valued at $439,354,000 after purchasing an additional 221,311 shares during the last quarter. Finally, Park Avenue Securities LLC raised its holdings in shares of iShares S&P 500 Growth ETF by 1.6% in the fourth quarter. Park Avenue Securities LLC now owns 3,631,582 shares of the company’s stock valued at $447,629,000 after purchasing an additional 56,513 shares during the last quarter.

iShares S&P 500 Growth ETF Price Performance

Shares of IVW stock opened at $136.72 on Friday. The firm has a 50-day moving average of $122.95 and a 200-day moving average of $122.72. The company has a market cap of $74.10 billion, a P/E ratio of 33.33 and a beta of 1.17. iShares S&P 500 Growth ETF has a one year low of $100.76 and a one year high of $139.10.

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.