Modera Wealth Management LLC Has $80.97 Million Position in iShares S&P 500 Growth ETF $IVW

Modera Wealth Management LLC reduced its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 8.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 656,924 shares of the company’s stock after selling 57,906 shares during the period. iShares S&P 500 Growth ETF makes up about 0.9% of Modera Wealth Management LLC’s investment portfolio, making the stock its 27th biggest position. Modera Wealth Management LLC owned approximately 0.12% of iShares S&P 500 Growth ETF worth $80,972,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the business. Embree Financial Group lifted its stake in iShares S&P 500 Growth ETF by 358.1% in the third quarter. Embree Financial Group now owns 38,283 shares of the company’s stock valued at $4,621,000 after acquiring an additional 29,926 shares during the last quarter. First Horizon Corp acquired a new stake in shares of iShares S&P 500 Growth ETF during the 3rd quarter worth about $4,237,000. Atria Investments Inc lifted its stake in shares of iShares S&P 500 Growth ETF by 4.6% during the 3rd quarter. Atria Investments Inc now owns 457,419 shares of the company’s stock worth $55,220,000 after buying an additional 19,917 shares during the last quarter. Clark Financial Services Group Inc. BD lifted its stake in shares of iShares S&P 500 Growth ETF by 38.7% during the 3rd quarter. Clark Financial Services Group Inc. BD now owns 109,021 shares of the company’s stock worth $13,161,000 after buying an additional 30,407 shares during the last quarter. Finally, Fortis Capital Advisors LLC lifted its stake in shares of iShares S&P 500 Growth ETF by 58.9% during the 3rd quarter. Fortis Capital Advisors LLC now owns 18,152 shares of the company’s stock worth $2,191,000 after buying an additional 6,732 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Performance

NYSEARCA IVW opened at $115.15 on Tuesday. The firm has a 50-day moving average of $118.70 and a 200-day moving average of $121.16. The stock has a market cap of $62.03 billion, a PE ratio of 33.33 and a beta of 1.11. iShares S&P 500 Growth ETF has a 52-week low of $79.31 and a 52-week high of $126.61.

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.