Royal Fund Management LLC Sells 5,126 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Royal Fund Management LLC lessened its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 35.1% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 9,484 shares of the company’s stock after selling 5,126 shares during the period. Royal Fund Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $964,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of IVW. Vanguard Personalized Indexing Management LLC boosted its holdings in iShares S&P 500 Growth ETF by 41.2% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 6,410 shares of the company’s stock valued at $593,000 after acquiring an additional 1,869 shares in the last quarter. Hsbc Holdings PLC boosted its stake in shares of iShares S&P 500 Growth ETF by 18.3% during the 2nd quarter. Hsbc Holdings PLC now owns 122,400 shares of the company’s stock valued at $11,326,000 after purchasing an additional 18,900 shares in the last quarter. Summit Trail Advisors LLC purchased a new position in shares of iShares S&P 500 Growth ETF during the second quarter valued at about $281,000. CreativeOne Wealth LLC raised its stake in iShares S&P 500 Growth ETF by 15.0% in the second quarter. CreativeOne Wealth LLC now owns 392,988 shares of the company’s stock worth $36,367,000 after buying an additional 51,163 shares in the last quarter. Finally, Semmax Financial Advisors Inc. lifted its holdings in iShares S&P 500 Growth ETF by 75.7% in the second quarter. Semmax Financial Advisors Inc. now owns 11,873 shares of the company’s stock worth $1,073,000 after buying an additional 5,117 shares during the period.

iShares S&P 500 Growth ETF Stock Performance

IVW stock opened at $104.84 on Wednesday. iShares S&P 500 Growth ETF has a fifty-two week low of $77.20 and a fifty-two week high of $105.64. The company has a market capitalization of $54.93 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. The business’s 50 day moving average price is $102.21 and its two-hundred day moving average price is $96.78.

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.