GenWealth Group Inc. Sells 777 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

GenWealth Group Inc. trimmed its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 2.2% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 34,835 shares of the company’s stock after selling 777 shares during the period. iShares S&P 500 Growth ETF comprises 0.8% of GenWealth Group Inc.’s holdings, making the stock its 25th biggest holding. GenWealth Group Inc.’s holdings in iShares S&P 500 Growth ETF were worth $3,335,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in IVW. CarsonAllaria Wealth Management Ltd. boosted its stake in shares of iShares S&P 500 Growth ETF by 45.5% during the first quarter. CarsonAllaria Wealth Management Ltd. now owns 400 shares of the company’s stock valued at $34,000 after purchasing an additional 125 shares during the period. 1620 Investment Advisors Inc. bought a new position in iShares S&P 500 Growth ETF in the second quarter worth approximately $34,000. Financial Connections Group Inc. purchased a new position in iShares S&P 500 Growth ETF during the 2nd quarter worth $35,000. GPS Wealth Strategies Group LLC raised its position in iShares S&P 500 Growth ETF by 91.3% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 417 shares of the company’s stock valued at $39,000 after purchasing an additional 199 shares in the last quarter. Finally, Davis Capital Management lifted its holdings in shares of iShares S&P 500 Growth ETF by 78.4% in the 3rd quarter. Davis Capital Management now owns 412 shares of the company’s stock worth $39,000 after buying an additional 181 shares during the period.

iShares S&P 500 Growth ETF Trading Up 0.9 %

IVW opened at $97.80 on Tuesday. The business’s fifty day simple moving average is $92.88 and its 200-day simple moving average is $89.80. The company has a market capitalization of $51.24 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a 12-month low of $65.53 and a 12-month high of $98.05.

iShares S&P 500 Growth ETF Company 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.