CCG Wealth Management LLC Has $1.98 Million Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

CCG Wealth Management LLC cut its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 11.9% during the 1st quarter, Holdings Channel reports. The institutional investor owned 23,392 shares of the company’s stock after selling 3,165 shares during the quarter. iShares S&P 500 Growth ETF comprises about 1.2% of CCG Wealth Management LLC’s holdings, making the stock its 17th largest position. CCG Wealth Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $1,975,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in IVW. Financial Connections Group Inc. bought a new stake in iShares S&P 500 Growth ETF during the fourth quarter valued at $28,000. Goodwin Investment Advisory acquired a new position in iShares S&P 500 Growth ETF during the 4th quarter worth approximately $29,000. Life Planning Partners Inc acquired a new stake in iShares S&P 500 Growth ETF in the fourth quarter valued at approximately $32,000. Northwest Financial Advisors acquired a new stake in iShares S&P 500 Growth ETF in the fourth quarter valued at approximately $38,000. Finally, Ruedi Wealth Management Inc. raised its position in shares of iShares S&P 500 Growth ETF by 1,361.4% during the fourth quarter. Ruedi Wealth Management Inc. now owns 643 shares of the company’s stock worth $48,000 after purchasing an additional 599 shares during the period.

iShares S&P 500 Growth ETF Stock Performance

Shares of iShares S&P 500 Growth ETF stock traded up $0.69 on Monday, hitting $93.23. The company had a trading volume of 3,282,016 shares, compared to its average volume of 3,388,928. iShares S&P 500 Growth ETF has a 1 year low of $65.53 and a 1 year high of $94.17. The stock has a 50 day moving average of $87.28 and a 200-day moving average of $82.60. The stock has a market capitalization of $48.84 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14.

iShares S&P 500 Growth ETF 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.