Pacific Excel Wealth Advisors Inc. Trims Stock Position in iShares S&P 500 Growth ETF $IVW

Pacific Excel Wealth Advisors Inc. trimmed its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 69.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,288 shares of the company’s stock after selling 7,640 shares during the quarter. Pacific Excel Wealth Advisors Inc.’s holdings in iShares S&P 500 Growth ETF were worth $452,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in IVW. Proactive Wealth Strategies LLC raised its position in shares of iShares S&P 500 Growth ETF by 1.0% during the 4th quarter. Proactive Wealth Strategies LLC now owns 8,817 shares of the company’s stock valued at $1,087,000 after buying an additional 86 shares during the period. Ignite Planners LLC grew its position in iShares S&P 500 Growth ETF by 4.7% in the fourth quarter. Ignite Planners LLC now owns 1,948 shares of the company’s stock worth $241,000 after acquiring an additional 88 shares during the period. Quadcap Wealth Management LLC grew its position in iShares S&P 500 Growth ETF by 1.7% in the first quarter. Quadcap Wealth Management LLC now owns 5,386 shares of the company’s stock worth $609,000 after acquiring an additional 89 shares during the period. First National Bank & Trust Co. of Newtown increased its stake in iShares S&P 500 Growth ETF by 1.3% during the fourth quarter. First National Bank & Trust Co. of Newtown now owns 7,859 shares of the company’s stock worth $969,000 after acquiring an additional 100 shares during the last quarter. Finally, Atticus Wealth Management LLC increased its stake in iShares S&P 500 Growth ETF by 1.2% during the fourth quarter. Atticus Wealth Management LLC now owns 8,827 shares of the company’s stock worth $1,088,000 after acquiring an additional 101 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Up 2.4%

NYSEARCA:IVW opened at $141.53 on Wednesday. iShares S&P 500 Growth ETF has a 52 week low of $108.13 and a 52 week high of $142.09. The stock’s fifty day moving average is $136.19 and its two-hundred day moving average is $127.95. The company has a market capitalization of $77.27 billion, a P/E ratio of 33.33 and a beta of 1.17.

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.