iShares S&P 500 Growth ETF (NYSEARCA:IVW) Shares Sold by Davis R M Inc.

Davis R M Inc. cut its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 5.1% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,608 shares of the company’s stock after selling 300 shares during the period. Davis R M Inc.’s holdings in iShares S&P 500 Growth ETF were worth $537,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. SevenBridge Financial Group LLC purchased a new stake in iShares S&P 500 Growth ETF in the 3rd quarter valued at about $215,000. Centaurus Financial Inc. increased its stake in iShares S&P 500 Growth ETF by 167.3% during the third quarter. Centaurus Financial Inc. now owns 66,352 shares of the company’s stock worth $6,353,000 after purchasing an additional 41,527 shares during the period. Wescott Financial Advisory Group LLC increased its stake in iShares S&P 500 Growth ETF by 3.8% during the 3rd quarter. Wescott Financial Advisory Group LLC now owns 72,171 shares of the company’s stock worth $6,910,000 after buying an additional 2,619 shares during the period. Lane & Associates LLC grew its stake in shares of iShares S&P 500 Growth ETF by 0.6% in the third quarter. Lane & Associates LLC now owns 23,706 shares of the company’s stock worth $2,270,000 after acquiring an additional 130 shares in the last quarter. Finally, Jim Saulnier & Associates LLC acquired a new position in iShares S&P 500 Growth ETF during the 3rd quarter worth $387,000.

iShares S&P 500 Growth ETF Stock Performance

IVW stock opened at $99.69 on Tuesday. iShares S&P 500 Growth ETF has a fifty-two week low of $71.93 and a fifty-two week high of $101.55. The company’s 50 day moving average price is $97.19 and its 200 day moving average price is $93.08. The firm has a market capitalization of $52.23 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14.

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.