Waverly Advisors LLC Lowers Stock Holdings in iShares S&P 500 Growth ETF $IVW

Waverly Advisors LLC reduced its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 3.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 196,898 shares of the company’s stock after selling 6,126 shares during the period. Waverly Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $27,079,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Paragon Capital Management Ltd acquired a new stake in shares of iShares S&P 500 Growth ETF in the second quarter worth $201,000. Parkside Financial Bank & Trust increased its holdings in iShares S&P 500 Growth ETF by 1.5% in the 2nd quarter. Parkside Financial Bank & Trust now owns 9,677 shares of the company’s stock valued at $1,331,000 after purchasing an additional 142 shares in the last quarter. MLG Wealth Management DBA Pine Grove Financial Group boosted its position in shares of iShares S&P 500 Growth ETF by 0.5% in the second quarter. MLG Wealth Management DBA Pine Grove Financial Group now owns 205,261 shares of the company’s stock worth $28,257,000 after buying an additional 1,004 shares during the period. Kinetic Wealth Investment Advisors LLC acquired a new stake in shares of iShares S&P 500 Growth ETF in the second quarter valued at about $3,403,000. Finally, Tucker Asset Management LLC lifted its position in iShares S&P 500 Growth ETF by 66.7% during the 2nd quarter. Tucker Asset Management LLC now owns 4,703 shares of the company’s stock worth $647,000 after acquiring an additional 1,882 shares in the last quarter.

iShares S&P 500 Growth ETF Trading Down 0.5%

IVW stock traded down $0.73 during trading on Tuesday, reaching $139.82. The stock had a trading volume of 1,228,709 shares, compared to its average volume of 3,238,080. iShares S&P 500 Growth ETF has a 1-year low of $108.13 and a 1-year high of $143.26. The company has a market capitalization of $76.33 billion, a P/E ratio of 33.33 and a beta of 1.17. The firm has a fifty day moving average price of $137.95 and a 200 day moving average price of $131.12.

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.