McAdam LLC trimmed its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW – Free Report) by 52.9% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,545 shares of the company’s stock after selling 2,856 shares during the period. McAdam LLC’s holdings in iShares S&P 500 Growth ETF were worth $236,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also made changes to their positions in the company. Flaharty Asset Management LLC acquired a new stake in shares of iShares S&P 500 Growth ETF during the 1st quarter worth $26,000. Elite Financial Inc. acquired a new stake in shares of iShares S&P 500 Growth ETF during the 1st quarter worth $26,000. Mechanics Financial Corp purchased a new stake in iShares S&P 500 Growth ETF during the 1st quarter worth $27,000. Copia Wealth Management purchased a new stake in iShares S&P 500 Growth ETF during the 4th quarter worth $30,000. Finally, Whipplewood Advisors LLC purchased a new stake in iShares S&P 500 Growth ETF during the 1st quarter worth $32,000.
iShares S&P 500 Growth ETF Trading Up 0.5%
Shares of iShares S&P 500 Growth ETF stock opened at $118.87 on Friday. The company has a fifty day moving average price of $113.93 and a 200 day moving average price of $103.69. iShares S&P 500 Growth ETF has a twelve month low of $79.31 and a twelve month high of $119.01. The stock has a market cap of $65.13 billion, a price-to-earnings ratio of 33.33 and a beta of 1.05.
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.
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