iShares S&P 500 Growth ETF $IVW Stock Sold by Elevated Financial Group LLC

Elevated Financial Group LLC trimmed its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 4.0% in the 3rd quarter, Holdings Channel reports. The fund owned 181,076 shares of the company’s stock after selling 7,625 shares during the quarter. iShares S&P 500 Growth ETF accounts for about 7.2% of Elevated Financial Group LLC’s investment portfolio, making the stock its 3rd biggest position. Elevated Financial Group LLC’s holdings in iShares S&P 500 Growth ETF were worth $25,760,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. First Pacific Financial purchased a new position in iShares S&P 500 Growth ETF in the 2nd quarter worth approximately $34,000. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in iShares S&P 500 Growth ETF by 1,071.4% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 246 shares of the company’s stock valued at $34,000 after acquiring an additional 225 shares during the period. GK Wealth Management LLC purchased a new position in shares of iShares S&P 500 Growth ETF in the third quarter worth approximately $41,000. Measured Wealth Private Client Group LLC purchased a new position in shares of iShares S&P 500 Growth ETF during the 1st quarter worth $34,000. Finally, YANKCOM Partnership purchased a new position in iShares S&P 500 Growth ETF during the third quarter valued at $51,000.

iShares S&P 500 Growth ETF Stock Down 1.9%

NYSEARCA IVW opened at $138.93 on Friday. iShares S&P 500 Growth ETF has a twelve month low of $108.13 and a twelve month high of $146.83. The business has a 50-day moving average price of $141.13 and a 200-day moving average price of $135.73. The firm has a market cap of $76.86 billion, a price-to-earnings 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.