Alterna Wealth Management Inc. Sells 4,732 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Alterna Wealth Management Inc. trimmed its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 14.4% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 28,136 shares of the company’s stock after selling 4,732 shares during the quarter. iShares S&P 500 Growth ETF makes up approximately 2.4% of Alterna Wealth Management Inc.’s holdings, making the stock its 12th biggest position. Alterna Wealth Management Inc.’s holdings in iShares S&P 500 Growth ETF were worth $2,694,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in IVW. 1620 Investment Advisors Inc. bought a new position in shares of iShares S&P 500 Growth ETF during the second quarter valued at approximately $34,000. Financial Connections Group Inc. purchased a new stake in iShares S&P 500 Growth ETF in the 2nd quarter valued at about $35,000. CarsonAllaria Wealth Management Ltd. grew its stake in iShares S&P 500 Growth ETF by 45.5% in the 1st quarter. CarsonAllaria Wealth Management Ltd. now owns 400 shares of the company’s stock worth $34,000 after acquiring an additional 125 shares in the last quarter. Davis Capital Management increased its position in shares of iShares S&P 500 Growth ETF by 78.4% during the third quarter. Davis Capital Management now owns 412 shares of the company’s stock worth $39,000 after acquiring an additional 181 shares during the period. Finally, GPS Wealth Strategies Group LLC raised its stake in shares of iShares S&P 500 Growth ETF by 91.3% during the second quarter. GPS Wealth Strategies Group LLC now owns 417 shares of the company’s stock valued at $39,000 after acquiring an additional 199 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Down 0.3 %

IVW opened at $95.50 on Tuesday. iShares S&P 500 Growth ETF has a 52 week low of $69.29 and a 52 week high of $98.68. The stock’s fifty day moving average is $94.74 and its two-hundred day moving average is $91.23. The company has a market capitalization of $50.03 billion, a P/E ratio of 28.52 and a beta of 1.14.

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.