RCS Financial Planning LLC Decreases Position in iShares S&P 500 Growth ETF $IVW

RCS Financial Planning LLC trimmed its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 74.7% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 9,099 shares of the company’s stock after selling 26,823 shares during the quarter. RCS Financial Planning LLC’s holdings in iShares S&P 500 Growth ETF were worth $1,029,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IVW. Strive Financial Group LLC purchased a new position in shares of iShares S&P 500 Growth ETF in the 4th quarter valued at $26,000. Turning Point Benefit Group Inc. purchased a new stake in iShares S&P 500 Growth ETF in the third quarter valued at $28,000. Decker Retirement Planning Inc. purchased a new stake in iShares S&P 500 Growth ETF in the fourth quarter valued at $28,000. Financial Network Wealth Advisors LLC boosted its stake in iShares S&P 500 Growth ETF by 174.4% in the fourth quarter. Financial Network Wealth Advisors LLC now owns 225 shares of the company’s stock valued at $28,000 after acquiring an additional 143 shares in the last quarter. Finally, Darwin Wealth Management LLC acquired a new position in iShares S&P 500 Growth ETF in the second quarter valued at $30,000.

iShares S&P 500 Growth ETF Stock Performance

Shares of IVW stock opened at $133.46 on Friday. The stock’s 50-day moving average is $134.56 and its two-hundred day moving average is $125.60. The firm has a market cap of $72.33 billion, a price-to-earnings ratio of 33.33 and a beta of 1.17. iShares S&P 500 Growth ETF has a 1 year low of $107.97 and a 1 year high of $141.98.

About iShares S&P 500 Growth ETF

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.