Wellspring Financial Advisors LLC Has $9.63 Million Stock Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Wellspring Financial Advisors LLC lessened its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 94,817 shares of the company’s stock after selling 1,108 shares during the quarter. iShares S&P 500 Growth ETF comprises 0.2% of Wellspring Financial Advisors LLC’s investment portfolio, making the stock its 29th biggest position. Wellspring Financial Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $9,627,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of IVW. Mountain Hill Investment Partners Corp. bought a new stake in shares of iShares S&P 500 Growth ETF during the 4th quarter worth approximately $28,000. BankPlus Trust Department acquired a new stake in shares of iShares S&P 500 Growth ETF in the 4th quarter valued at $36,000. Hantz Financial Services Inc. acquired a new stake in shares of iShares S&P 500 Growth ETF in the 4th quarter valued at $40,000. Compass Financial Services Inc bought a new position in shares of iShares S&P 500 Growth ETF in the 4th quarter valued at $40,000. Finally, Bellevue Asset Management LLC bought a new stake in shares of iShares S&P 500 Growth ETF during the 4th quarter worth $42,000.

iShares S&P 500 Growth ETF Stock Down 6.1 %

iShares S&P 500 Growth ETF stock opened at $83.65 on Monday. The stock has a market cap of $46.05 billion, a PE ratio of 30.22 and a beta of 1.08. iShares S&P 500 Growth ETF has a 12-month low of $79.07 and a 12-month high of $107.14. The business’s 50-day moving average price is $99.33 and its two-hundred day moving average price is $99.84.

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.