Lpwm LLC Lowers Holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Lpwm LLC reduced its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,717 shares of the company’s stock after selling 198 shares during the quarter. iShares S&P 500 Growth ETF accounts for approximately 0.6% of Lpwm LLC’s investment portfolio, making the stock its 26th largest holding. Lpwm LLC’s holdings in iShares S&P 500 Growth ETF were worth $2,002,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the business. Davis Capital Management increased its position in iShares S&P 500 Growth ETF by 78.4% during the 3rd quarter. Davis Capital Management now owns 412 shares of the company’s stock valued at $39,000 after purchasing an additional 181 shares during the period. Element Wealth LLC boosted its stake in shares of iShares S&P 500 Growth ETF by 31.1% during the third quarter. Element Wealth LLC now owns 577 shares of the company’s stock valued at $55,000 after purchasing an additional 137 shares in the last quarter. Valued Wealth Advisors LLC increased its holdings in iShares S&P 500 Growth ETF by 160.2% during the third quarter. Valued Wealth Advisors LLC now owns 601 shares of the company’s stock valued at $58,000 after buying an additional 370 shares during the period. Copley Financial Group Inc. bought a new position in iShares S&P 500 Growth ETF in the third quarter worth approximately $64,000. Finally, ORG Wealth Partners LLC purchased a new stake in iShares S&P 500 Growth ETF during the third quarter worth $66,000.

iShares S&P 500 Growth ETF Trading Down 0.2 %

Shares of NYSEARCA IVW opened at $100.53 on Wednesday. The stock has a market capitalization of $52.67 billion, a PE ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a 12-month low of $74.61 and a 12-month high of $105.64. The stock’s fifty day simple moving average is $101.99 and its two-hundred day simple moving average is $96.53.

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.