iShares S&P 500 Growth ETF $IVW Stake Lessened by Sterling Investment Counsel LLC

Sterling Investment Counsel LLC cut its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 2.3% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 283,172 shares of the company’s stock after selling 6,720 shares during the period. iShares S&P 500 Growth ETF makes up about 9.0% of Sterling Investment Counsel LLC’s portfolio, making the stock its largest holding. Sterling Investment Counsel LLC’s holdings in iShares S&P 500 Growth ETF were worth $32,030,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of IVW. Brookstone Capital Management grew its holdings in iShares S&P 500 Growth ETF by 31.7% in the first quarter. Brookstone Capital Management now owns 312,365 shares of the company’s stock valued at $35,332,000 after purchasing an additional 75,198 shares during the period. Southern Capital Advisors LLC increased its position in shares of iShares S&P 500 Growth ETF by 1.0% in the first quarter. Southern Capital Advisors LLC now owns 33,611 shares of the company’s stock valued at $3,802,000 after buying an additional 319 shares in the last quarter. True Vision MN LLC raised its stake in shares of iShares S&P 500 Growth ETF by 13.3% during the 1st quarter. True Vision MN LLC now owns 84,840 shares of the company’s stock worth $9,596,000 after buying an additional 9,974 shares during the period. Spectrum Planning & Advisory Services Inc. raised its stake in shares of iShares S&P 500 Growth ETF by 3.0% during the 1st quarter. Spectrum Planning & Advisory Services Inc. now owns 69,972 shares of the company’s stock worth $7,915,000 after buying an additional 2,053 shares during the period. Finally, CWC Advisors LLC. lifted its position in shares of iShares S&P 500 Growth ETF by 2.6% during the 1st quarter. CWC Advisors LLC. now owns 35,583 shares of the company’s stock valued at $4,025,000 after buying an additional 915 shares in the last quarter.

iShares S&P 500 Growth ETF Price Performance

Shares of NYSEARCA:IVW opened at $137.96 on Monday. The business’s 50 day moving average price is $133.56 and its 200-day moving average price is $125.30. iShares S&P 500 Growth ETF has a 1 year low of $104.21 and a 1 year high of $141.98. The firm has a market capitalization of $74.77 billion, a price-to-earnings ratio of 33.33 and a beta of 1.17.

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. The Growth Index is a subset of the S&P 500 and consists of those stocks in the S&P 500 exhibiting the strongest growth characteristics.