iShares S&P 500 Growth ETF $IVW Shares Sold by IFP Advisors Inc

IFP Advisors Inc trimmed its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 21.3% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 269,980 shares of the company’s stock after selling 73,175 shares during the period. iShares S&P 500 Growth ETF comprises approximately 0.7% of IFP Advisors Inc’s holdings, making the stock its 21st biggest holding. IFP Advisors Inc’s holdings in iShares S&P 500 Growth ETF were worth $37,130,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of the stock. Strive Financial Group LLC purchased a new position in iShares S&P 500 Growth ETF during the fourth quarter worth $26,000. Financial Network Wealth Advisors LLC lifted its position in shares of iShares S&P 500 Growth ETF by 174.4% in the fourth quarter. Financial Network Wealth Advisors LLC now owns 225 shares of the company’s stock valued at $28,000 after acquiring an additional 143 shares in the last quarter. Turning Point Benefit Group Inc. purchased a new stake in shares of iShares S&P 500 Growth ETF in the third quarter valued at $28,000. Darwin Wealth Management LLC acquired a new stake in shares of iShares S&P 500 Growth ETF during the second quarter valued at $30,000. Finally, Entrust Financial LLC acquired a new stake in shares of iShares S&P 500 Growth ETF during the fourth quarter valued at $33,000.

iShares S&P 500 Growth ETF Trading Down 0.5%

iShares S&P 500 Growth ETF stock opened at $139.82 on Wednesday. The stock has a 50-day moving average price of $137.95 and a 200 day moving average price of $131.12. iShares S&P 500 Growth ETF has a 52 week low of $108.13 and a 52 week high of $143.26. The stock has a market cap of $76.33 billion, a PE ratio of 33.33 and a beta of 1.17.

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.