iShares S&P 500 Growth ETF $IVW Stock: Sigma Planning Corp Lowers Stake

Sigma Planning Corp cut its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 4.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 409,681 shares of the company’s stock after selling 18,002 shares during the quarter. iShares S&P 500 Growth ETF comprises approximately 1.5% of Sigma Planning Corp’s holdings, making the stock its 8th largest holding. Sigma Planning Corp owned approximately 0.07% of iShares S&P 500 Growth ETF worth $58,260,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Investors Research Corp raised its stake in shares of iShares S&P 500 Growth ETF by 1.4% in the second quarter. Investors Research Corp now owns 5,414 shares of the company’s stock valued at $745,000 after acquiring an additional 75 shares during the period. RDA Financial Network lifted its holdings in shares of iShares S&P 500 Growth ETF by 3.6% in the 3rd quarter. RDA Financial Network now owns 2,203 shares of the company’s stock worth $313,000 after acquiring an additional 76 shares during the last quarter. Cooper Financial Group lifted its holdings in shares of iShares S&P 500 Growth ETF by 0.7% in the 2nd quarter. Cooper Financial Group now owns 10,864 shares of the company’s stock worth $1,494,000 after acquiring an additional 80 shares during the last quarter. Cornerstone Wealth Management LLC boosted its stake in shares of iShares S&P 500 Growth ETF by 0.4% during the 2nd quarter. Cornerstone Wealth Management LLC now owns 18,502 shares of the company’s stock worth $2,545,000 after purchasing an additional 80 shares during the period. Finally, Quadcap Wealth Management LLC grew its holdings in iShares S&P 500 Growth ETF by 1.7% during the 1st quarter. Quadcap Wealth Management LLC now owns 5,386 shares of the company’s stock valued at $609,000 after purchasing an additional 89 shares during the last quarter.

iShares S&P 500 Growth ETF Price Performance

iShares S&P 500 Growth ETF stock opened at $136.48 on Monday. iShares S&P 500 Growth ETF has a 1-year low of $108.13 and a 1-year high of $146.83. The firm has a market capitalization of $75.44 billion, a P/E ratio of 33.33 and a beta of 1.17. The company’s 50-day moving average is $140.85 and its 200 day moving average is $136.79.

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.