LMG Wealth Partners LLC Sells 3,914 Shares of iShares S&P 500 Growth ETF $IVW

LMG Wealth Partners LLC lowered its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1.2% during the second quarter, Holdings Channel reports. The fund owned 334,529 shares of the company’s stock after selling 3,914 shares during the quarter. iShares S&P 500 Growth ETF makes up 7.6% of LMG Wealth Partners LLC’s holdings, making the stock its largest holding. LMG Wealth Partners LLC’s holdings in iShares S&P 500 Growth ETF were worth $36,832,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in IVW. Envestnet Asset Management Inc. increased its stake in shares of iShares S&P 500 Growth ETF by 5.1% in the first quarter. Envestnet Asset Management Inc. now owns 48,079,544 shares of the company’s stock worth $4,463,224,000 after acquiring an additional 2,350,072 shares during the period. Liberty Wealth Management LLC boosted its holdings in iShares S&P 500 Growth ETF by 489.6% during the first quarter. Liberty Wealth Management LLC now owns 1,363,876 shares of the company’s stock worth $126,609,000 after buying an additional 1,132,541 shares in the last quarter. LPL Financial LLC boosted its holdings in iShares S&P 500 Growth ETF by 5.5% during the first quarter. LPL Financial LLC now owns 18,929,345 shares of the company’s stock worth $1,757,211,000 after buying an additional 988,955 shares in the last quarter. Pinkerton Retirement Specialists LLC boosted its holdings in iShares S&P 500 Growth ETF by 192.5% during the first quarter. Pinkerton Retirement Specialists LLC now owns 1,135,349 shares of the company’s stock worth $105,394,000 after buying an additional 747,194 shares in the last quarter. Finally, Financiere des Professionnels Fonds d investissement inc. purchased a new stake in iShares S&P 500 Growth ETF during the first quarter worth $65,909,000.

iShares S&P 500 Growth ETF Stock Performance

Shares of NYSEARCA IVW opened at $120.40 on Monday. The company’s fifty day moving average price is $118.05 and its 200 day moving average price is $108.30. iShares S&P 500 Growth ETF has a 1 year low of $79.31 and a 1 year high of $122.66. The company has a market capitalization of $65.48 billion, a PE ratio of 33.33 and a beta of 1.05.

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.