USA Financial Formulas Decreases Stock Holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

USA Financial Formulas lessened its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1.3% in the fourth quarter, HoldingsChannel.com reports. The fund owned 827,204 shares of the company’s stock after selling 10,885 shares during the period. iShares S&P 500 Growth ETF comprises approximately 13.2% of USA Financial Formulas’ portfolio, making the stock its biggest holding. USA Financial Formulas’ holdings in iShares S&P 500 Growth ETF were worth $83,986,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. River Street Advisors LLC raised its position in iShares S&P 500 Growth ETF by 17.5% during the third quarter. River Street Advisors LLC now owns 9,981 shares of the company’s stock valued at $956,000 after purchasing an additional 1,483 shares in the last quarter. NewEdge Advisors LLC increased its stake in shares of iShares S&P 500 Growth ETF by 87.6% in the 2nd quarter. NewEdge Advisors LLC now owns 1,485,754 shares of the company’s stock valued at $137,492,000 after purchasing an additional 693,848 shares during the last quarter. Citigroup Inc. increased its stake in shares of iShares S&P 500 Growth ETF by 11.5% in the 3rd quarter. Citigroup Inc. now owns 336,250 shares of the company’s stock valued at $32,196,000 after purchasing an additional 34,624 shares during the last quarter. Capstone Triton Financial Group LLC acquired a new position in shares of iShares S&P 500 Growth ETF during the 2nd quarter worth $200,000. Finally, EverSource Wealth Advisors LLC lifted its position in shares of iShares S&P 500 Growth ETF by 47.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 23,552 shares of the company’s stock worth $2,150,000 after buying an additional 7,591 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Up 2.4 %

iShares S&P 500 Growth ETF stock opened at $102.91 on Thursday. The stock has a market cap of $53.91 billion, a PE ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a 12-month low of $74.61 and a 12-month high of $105.64. The business’s 50-day moving average price is $101.99 and its two-hundred day moving average price is $96.53.

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.