Bernardo Wealth Planning LLC Trims Stock Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Bernardo Wealth Planning LLC trimmed its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 19.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 20,365 shares of the company’s stock after selling 4,876 shares during the period. iShares S&P 500 Growth ETF makes up 0.5% of Bernardo Wealth Planning LLC’s investment portfolio, making the stock its 29th largest holding. Bernardo Wealth Planning LLC’s holdings in iShares S&P 500 Growth ETF were worth $2,058,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

iShares S&P 500 Growth ETF Trading Up 1.3 %

Shares of IVW opened at $103.83 on Friday. The company’s 50 day simple moving average is $102.15 and its 200-day simple moving average is $96.69. The firm has a market cap of $54.40 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 $75.62 and a 12-month high of $105.64.

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.