Forvis Mazars Wealth Advisors LLC Sells 4,704 Shares of iShares S&P 500 Growth ETF $IVW

Forvis Mazars Wealth Advisors LLC trimmed its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1.9% in the 3rd quarter, HoldingsChannel reports. The firm owned 247,348 shares of the company’s stock after selling 4,704 shares during the quarter. iShares S&P 500 Growth ETF accounts for 0.6% of Forvis Mazars Wealth Advisors LLC’s portfolio, making the stock its 27th biggest position. Forvis Mazars Wealth Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $35,188,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Measured Wealth Private Client Group LLC purchased a new position in shares of iShares S&P 500 Growth ETF during the first quarter valued at about $34,000. Thurston Springer Miller Herd & Titak Inc. raised its stake in iShares S&P 500 Growth ETF by 1,071.4% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 246 shares of the company’s stock worth $34,000 after buying an additional 225 shares in the last quarter. First Pacific Financial bought a new position in iShares S&P 500 Growth ETF in the second quarter worth about $34,000. GK Wealth Management LLC bought a new position in iShares S&P 500 Growth ETF in the third quarter worth about $41,000. Finally, Hurley Capital LLC bought a new position in iShares S&P 500 Growth ETF in the fourth quarter worth about $45,000.

iShares S&P 500 Growth ETF Price Performance

IVW traded down $0.06 on Tuesday, hitting $144.56. The company had a trading volume of 1,048,059 shares, compared to its average volume of 3,030,367. iShares S&P 500 Growth ETF has a 52-week low of $108.13 and a 52-week high of $146.83. The stock has a fifty day simple moving average of $141.17 and a 200-day simple moving average of $135.28. The firm has a market capitalization of $79.78 billion, a P/E ratio of 33.33 and a beta of 1.17.

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.