iShares S&P 500 Growth ETF (NYSEARCA:IVW) Shares Sold by Trust Point Inc.

Trust Point Inc. decreased its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 0.2% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 152,714 shares of the company’s stock after selling 257 shares during the period. iShares S&P 500 Growth ETF makes up about 1.1% of Trust Point Inc.’s investment portfolio, making the stock its 11th largest position. Trust Point Inc.’s holdings in iShares S&P 500 Growth ETF were worth $15,505,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Hantz Financial Services Inc. purchased a new stake in shares of iShares S&P 500 Growth ETF during the fourth quarter valued at $40,000. Element Wealth LLC lifted its stake in iShares S&P 500 Growth ETF by 31.1% in the 3rd quarter. Element Wealth LLC now owns 577 shares of the company’s stock worth $55,000 after acquiring an additional 137 shares in the last quarter. Valued Wealth Advisors LLC lifted its stake in iShares S&P 500 Growth ETF by 160.2% in the 3rd quarter. Valued Wealth Advisors LLC now owns 601 shares of the company’s stock worth $58,000 after acquiring an additional 370 shares in the last quarter. Copley Financial Group Inc. purchased a new stake in iShares S&P 500 Growth ETF in the 3rd quarter worth about $64,000. Finally, ORG Wealth Partners LLC purchased a new stake in iShares S&P 500 Growth ETF in the 3rd quarter worth about $66,000.

iShares S&P 500 Growth ETF Price Performance

Shares of IVW stock opened at $103.32 on Tuesday. iShares S&P 500 Growth ETF has a fifty-two week low of $79.07 and a fifty-two week high of $107.14. The stock’s 50-day moving average is $103.12 and its two-hundred day moving average is $97.36. The firm has a market cap of $54.13 billion, a P/E ratio of 28.52 and a beta of 1.14.

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.