iShares S&P 500 Growth ETF $IVW Stock Position Lowered by Droms Strauss Advisors Inc. MO ADV

Droms Strauss Advisors Inc. MO ADV reduced its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 3.1% in the 3rd quarter, Holdings Channel reports. The firm owned 219,924 shares of the company’s stock after selling 6,935 shares during the period. iShares S&P 500 Growth ETF makes up 7.2% of Droms Strauss Advisors Inc. MO ADV’s holdings, making the stock its 3rd biggest holding. Droms Strauss Advisors Inc. MO ADV’s holdings in iShares S&P 500 Growth ETF were worth $31,286,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Ashton Thomas Private Wealth LLC increased its position in iShares S&P 500 Growth ETF by 7.6% during the third quarter. Ashton Thomas Private Wealth LLC now owns 207,095 shares of the company’s stock worth $29,461,000 after buying an additional 14,662 shares during the period. Asset One Wealth Management LLC boosted its holdings in shares of iShares S&P 500 Growth ETF by 77.7% in the third quarter. Asset One Wealth Management LLC now owns 102,017 shares of the company’s stock valued at $14,513,000 after acquiring an additional 44,592 shares during the period. Arrow Investment Advisors LLC acquired a new stake in shares of iShares S&P 500 Growth ETF in the third quarter valued at approximately $4,684,000. Financial Council LLC boosted its holdings in shares of iShares S&P 500 Growth ETF by 18.8% in the third quarter. Financial Council LLC now owns 3,045 shares of the company’s stock valued at $433,000 after acquiring an additional 481 shares during the period. Finally, Kestra Advisory Services LLC grew its position in shares of iShares S&P 500 Growth ETF by 17.4% during the third quarter. Kestra Advisory Services LLC now owns 1,011,319 shares of the company’s stock worth $143,870,000 after acquiring an additional 149,886 shares during the last quarter.

iShares S&P 500 Growth ETF Trading Up 0.9%

Shares of iShares S&P 500 Growth ETF stock traded up $1.21 during trading on Friday, reaching $129.63. The company’s stock had a trading volume of 2,579,546 shares, compared to its average volume of 2,974,324. The company has a 50-day moving average price of $140.00 and a two-hundred day moving average price of $132.10. The firm has a market cap of $71.70 billion, a PE ratio of 24.96 and a beta of 1.17. iShares S&P 500 Growth ETF has a fifty-two week low of $108.13 and a fifty-two week high of $146.83.

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. 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.