Wealth Alliance LLC Lowers Stake in iShares S&P 500 Growth ETF $IVW

Wealth Alliance LLC trimmed its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 6.0% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 217,868 shares of the company’s stock after selling 13,932 shares during the period. iShares S&P 500 Growth ETF comprises 2.4% of Wealth Alliance LLC’s portfolio, making the stock its 6th biggest holding. Wealth Alliance LLC’s holdings in iShares S&P 500 Growth ETF were worth $24,643,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in IVW. Strive Financial Group LLC purchased a new position in iShares S&P 500 Growth ETF during the fourth quarter valued at $26,000. Decker Retirement Planning Inc. bought a new stake in iShares S&P 500 Growth ETF during the fourth quarter valued at about $28,000. Financial Network Wealth Advisors LLC increased its position 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 worth $28,000 after buying an additional 143 shares in the last quarter. Turning Point Benefit Group Inc. purchased a new stake in iShares S&P 500 Growth ETF in the third quarter worth about $28,000. Finally, Entrust Financial LLC bought a new position in shares of iShares S&P 500 Growth ETF in the fourth quarter worth about $33,000.

iShares S&P 500 Growth ETF Stock Down 0.6%

IVW stock opened at $132.83 on Friday. iShares S&P 500 Growth ETF has a twelve month low of $108.13 and a twelve month high of $141.98. The stock has a market cap of $72.44 billion, a P/E ratio of 33.33 and a beta of 1.17. The business’s 50-day moving average price is $136.45 and its 200-day moving average price is $127.42.

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.