Silicon Valley Capital Partners Decreases Position in iShares S&P 500 Growth ETF $IVW

Silicon Valley Capital Partners decreased its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 2.3% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 265,605 shares of the company’s stock after selling 6,117 shares during the period. iShares S&P 500 Growth ETF comprises approximately 3.3% of Silicon Valley Capital Partners’ portfolio, making the stock its 13th biggest holding. Silicon Valley Capital Partners’ holdings in iShares S&P 500 Growth ETF were worth $36,529,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Investors Research Corp grew its stake in iShares S&P 500 Growth ETF by 1.4% in the 2nd quarter. Investors Research Corp now owns 5,414 shares of the company’s stock valued at $745,000 after acquiring an additional 75 shares during the last quarter. Cooper Financial Group raised its position in iShares S&P 500 Growth ETF by 0.7% during the second quarter. Cooper Financial Group now owns 10,864 shares of the company’s stock worth $1,494,000 after acquiring an additional 80 shares during the last quarter. Cornerstone Wealth Management LLC raised its position in iShares S&P 500 Growth ETF by 0.4% during the second quarter. Cornerstone Wealth Management LLC now owns 18,502 shares of the company’s stock worth $2,545,000 after acquiring an additional 80 shares during the last quarter. Ignite Planners LLC lifted its holdings in shares of iShares S&P 500 Growth ETF by 4.7% in the fourth quarter. Ignite Planners LLC now owns 1,948 shares of the company’s stock valued at $241,000 after purchasing an additional 88 shares in the last quarter. Finally, Quadcap Wealth Management LLC lifted its holdings in shares of iShares S&P 500 Growth ETF by 1.7% in the first quarter. Quadcap Wealth Management LLC now owns 5,386 shares of the company’s stock valued at $609,000 after purchasing an additional 89 shares in the last quarter.

iShares S&P 500 Growth ETF Trading Up 2.3%

Shares of IVW stock traded up $3.24 during trading hours on Monday, hitting $143.37. The company’s stock had a trading volume of 1,418,231 shares, compared to its average volume of 3,146,581. The business has a fifty day moving average of $138.27 and a 200-day moving average of $132.15. The stock has a market cap of $78.27 billion, a price-to-earnings ratio of 33.33 and a beta of 1.17. iShares S&P 500 Growth ETF has a twelve month low of $108.13 and a twelve month high of $143.68.

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.