B. Riley Wealth Advisors Inc. Cuts Holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

B. Riley Wealth Advisors Inc. lessened its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 16.1% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 228,146 shares of the company’s stock after selling 43,927 shares during the quarter. iShares S&P 500 Growth ETF accounts for 0.6% of B. Riley Wealth Advisors Inc.’s investment portfolio, making the stock its 23rd largest position. B. Riley Wealth Advisors Inc.’s holdings in iShares S&P 500 Growth ETF were worth $21,659,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in IVW. 1620 Investment Advisors Inc. bought a new position in shares of iShares S&P 500 Growth ETF during the 2nd quarter worth $34,000. Financial Connections Group Inc. bought a new stake in shares of iShares S&P 500 Growth ETF during the 2nd quarter valued at $35,000. Davis Capital Management increased its position in shares of iShares S&P 500 Growth ETF by 78.4% during the third quarter. Davis Capital Management now owns 412 shares of the company’s stock valued at $39,000 after buying an additional 181 shares during the period. Rosenberg Matthew Hamilton lifted its holdings in shares of iShares S&P 500 Growth ETF by 37.1% in the second quarter. Rosenberg Matthew Hamilton now owns 499 shares of the company’s stock worth $47,000 after buying an additional 135 shares in the last quarter. Finally, Element Wealth LLC boosted its position in shares of iShares S&P 500 Growth ETF by 31.1% in the third quarter. Element Wealth LLC now owns 577 shares of the company’s stock valued at $55,000 after acquiring an additional 137 shares during the period.

iShares S&P 500 Growth ETF Trading Up 0.1 %

Shares of NYSEARCA:IVW opened at $104.32 on Friday. iShares S&P 500 Growth ETF has a 12 month low of $72.69 and a 12 month high of $105.09. The stock has a market cap of $54.65 billion, a P/E ratio of 28.52 and a beta of 1.14. The company has a 50 day moving average of $99.34 and a 200 day moving average of $94.56.

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.