Verdence Capital Advisors LLC Has $560,000 Stake in iShares S&P 500 Growth ETF $IVW

Verdence Capital Advisors LLC trimmed its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVWFree Report) by 2.1% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,087 shares of the company’s stock after selling 107 shares during the period. Verdence Capital Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $560,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Elite Financial Inc. acquired a new stake in iShares S&P 500 Growth ETF during the first quarter worth about $26,000. Flaharty Asset Management LLC acquired a new stake in iShares S&P 500 Growth ETF during the first quarter worth about $26,000. Mechanics Financial Corp bought a new position in shares of iShares S&P 500 Growth ETF in the first quarter worth about $27,000. Mowery & Schoenfeld Wealth Management LLC bought a new position in shares of iShares S&P 500 Growth ETF in the first quarter worth about $33,000. Finally, Cloud Capital Management LLC bought a new position in shares of iShares S&P 500 Growth ETF in the first quarter worth about $36,000.

iShares S&P 500 Growth ETF Trading Down 0.8%

IVW stock opened at $119.82 on Wednesday. The stock has a market capitalization of $65.25 billion, a P/E ratio of 33.33 and a beta of 1.05. iShares S&P 500 Growth ETF has a 12 month low of $79.31 and a 12 month high of $122.66. The firm has a 50-day moving average price of $117.70 and a 200-day moving average price of $107.61.

iShares S&P 500 Growth ETF Profile

(Free Report)

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.

Read More

Want to see what other hedge funds are holding IVW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares S&P 500 Growth ETF (NYSEARCA:IVWFree Report).

Institutional Ownership by Quarter for iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Receive News & Ratings for iShares S&P 500 Growth ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares S&P 500 Growth ETF and related companies with MarketBeat.com's FREE daily email newsletter.