Turtle Creek Wealth Advisors LLC Lowers Position in iShares S&P 500 Growth ETF $IVW

Turtle Creek Wealth Advisors LLC cut its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 54.6% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 53,025 shares of the company’s stock after selling 63,729 shares during the period. Turtle Creek Wealth Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $5,998,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of IVW. United Bank boosted its holdings in iShares S&P 500 Growth ETF by 4.6% during the second quarter. United Bank now owns 52,096 shares of the company’s stock worth $5,736,000 after purchasing an additional 2,280 shares during the last quarter. Schnieders Capital Management LLC. purchased a new stake in iShares S&P 500 Growth ETF in the 2nd quarter valued at about $600,000. Russell Investments Group Ltd. increased its stake in iShares S&P 500 Growth ETF by 13.4% in the 2nd quarter. Russell Investments Group Ltd. now owns 5,992 shares of the company’s stock valued at $660,000 after buying an additional 707 shares during the last quarter. First Trust Advisors LP lifted its position in shares of iShares S&P 500 Growth ETF by 15.4% during the 2nd quarter. First Trust Advisors LP now owns 31,834 shares of the company’s stock worth $3,505,000 after buying an additional 4,238 shares in the last quarter. Finally, Flow Traders U.S. LLC bought a new position in shares of iShares S&P 500 Growth ETF during the 2nd quarter worth approximately $244,000.

iShares S&P 500 Growth ETF Stock Down 1.1%

IVW stock opened at $135.41 on Friday. The firm has a market cap of $73.73 billion, a PE ratio of 33.33 and a beta of 1.17. The business has a 50 day moving average of $135.40 and a 200-day moving average of $126.01. iShares S&P 500 Growth ETF has a 12-month low of $108.13 and a 12-month high of $141.98.

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.