iShares S&P 500 Growth ETF $IVW Shares Sold by Avid Wealth Partners LLC

Avid Wealth Partners LLC lessened its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 25.7% in the fourth quarter, Holdings Channel.com reports. The firm owned 90,134 shares of the company’s stock after selling 31,142 shares during the quarter. iShares S&P 500 Growth ETF comprises 5.4% of Avid Wealth Partners LLC’s portfolio, making the stock its 6th biggest holding. Avid Wealth Partners LLC’s holdings in iShares S&P 500 Growth ETF were worth $11,110,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of IVW. Decker Retirement Planning Inc. acquired a new position in iShares S&P 500 Growth ETF in the 4th quarter worth about $28,000. Turning Point Benefit Group Inc. acquired a new position in iShares S&P 500 Growth ETF in the 3rd quarter worth about $28,000. Darwin Wealth Management LLC acquired a new position in iShares S&P 500 Growth ETF in the 2nd quarter worth about $30,000. Entrust Financial LLC acquired a new position in iShares S&P 500 Growth ETF in the 4th quarter worth about $33,000. Finally, Carolina Wealth Advisors LLC acquired a new position in iShares S&P 500 Growth ETF in the 4th quarter worth about $36,000.

iShares S&P 500 Growth ETF Stock Up 0.4%

Shares of IVW opened at $135.00 on Friday. iShares S&P 500 Growth ETF has a 12-month low of $104.21 and a 12-month high of $141.98. The business has a 50-day simple moving average of $131.40 and a two-hundred day simple moving average of $124.77. The stock has a market cap of $73.16 billion, a PE ratio of 33.33 and a beta of 1.17.

iShares S&P 500 Growth ETF 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. 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.