iShares S&P 500 Growth ETF (NYSEARCA:IVW) Stock Position Decreased by Independent Solutions Wealth Management LLC

Independent Solutions Wealth Management LLC trimmed its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 9.0% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 165,680 shares of the company’s stock after selling 16,427 shares during the quarter. iShares S&P 500 Growth ETF makes up approximately 3.7% of Independent Solutions Wealth Management LLC’s investment portfolio, making the stock its 2nd largest position. Independent Solutions Wealth Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $16,821,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in IVW. Jennison Associates LLC acquired a new position in shares of iShares S&P 500 Growth ETF during the 3rd quarter worth approximately $315,000. Darwin Wealth Management LLC purchased a new position in iShares S&P 500 Growth ETF during the third quarter worth approximately $182,000. Payden & Rygel boosted its stake in iShares S&P 500 Growth ETF by 672.6% during the third quarter. Payden & Rygel now owns 102,801 shares of the company’s stock worth $9,843,000 after buying an additional 89,495 shares during the last quarter. Citizens Financial Group Inc. RI grew its holdings in iShares S&P 500 Growth ETF by 15.5% in the 3rd quarter. Citizens Financial Group Inc. RI now owns 186,815 shares of the company’s stock valued at $17,888,000 after buying an additional 25,118 shares in the last quarter. Finally, King Luther Capital Management Corp acquired a new stake in shares of iShares S&P 500 Growth ETF in the 3rd quarter worth $241,000.

iShares S&P 500 Growth ETF Stock Down 0.2 %

NYSEARCA IVW opened at $94.58 on Friday. The business’s fifty day simple moving average is $101.60 and its 200-day simple moving average is $99.58. The firm has a market cap of $52.23 billion, a PE ratio of 30.05 and a beta of 1.08. iShares S&P 500 Growth ETF has a 52 week low of $79.07 and a 52 week high of $107.14.

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.