Maia Wealth LLC Sells 13,826 Shares of iShares S&P 500 Growth ETF $IVW

Maia Wealth LLC cut its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 14.9% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 79,182 shares of the company’s stock after selling 13,826 shares during the period. iShares S&P 500 Growth ETF comprises approximately 1.6% of Maia Wealth LLC’s investment portfolio, making the stock its 11th biggest holding. Maia Wealth LLC’s holdings in iShares S&P 500 Growth ETF were worth $9,461,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IVW. Evolve Private Wealth LLC purchased a new stake in shares of iShares S&P 500 Growth ETF in the fourth quarter worth approximately $242,000. Asset One Wealth Management LLC bought a new stake in iShares S&P 500 Growth ETF during the 4th quarter valued at $6,655,000. Basso Capital Management L.P. boosted its position in shares of iShares S&P 500 Growth ETF by 657.2% in the 4th quarter. Basso Capital Management L.P. now owns 1,522 shares of the company’s stock worth $188,000 after purchasing an additional 1,321 shares in the last quarter. Align Financial LLC acquired a new stake in shares of iShares S&P 500 Growth ETF in the 4th quarter worth $49,180,000. Finally, American Trust lifted its position in iShares S&P 500 Growth ETF by 100.8% during the 4th quarter. American Trust now owns 21,104 shares of the company’s stock worth $2,601,000 after acquiring an additional 10,592 shares during the period.

iShares S&P 500 Growth ETF Stock Performance

Shares of IVW opened at $135.68 on Thursday. The stock has a 50-day moving average of $132.74 and a two-hundred day moving average of $125.09. The stock has a market cap of $73.53 billion, a P/E ratio of 33.33 and a beta of 1.17. iShares S&P 500 Growth ETF has a one year low of $104.21 and a one year high of $141.98.

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. 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.