Transcend Capital Advisors LLC Sells 6,742 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Transcend Capital Advisors LLC lessened its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 14.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 39,175 shares of the company’s stock after selling 6,742 shares during the period. Transcend Capital Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $3,977,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Hantz Financial Services Inc. bought a new stake in shares of iShares S&P 500 Growth ETF during the 4th quarter valued at $40,000. Compass Financial Services Inc bought a new position in iShares S&P 500 Growth ETF in the 4th quarter worth about $40,000. POM Investment Strategies LLC boosted its stake in iShares S&P 500 Growth ETF by 194.8% in the 4th quarter. POM Investment Strategies LLC now owns 457 shares of the company’s stock worth $46,000 after purchasing an additional 302 shares in the last quarter. Element Wealth LLC boosted its stake in iShares S&P 500 Growth ETF by 31.1% in the 3rd quarter. Element Wealth LLC now owns 577 shares of the company’s stock worth $55,000 after purchasing an additional 137 shares in the last quarter. Finally, Valued Wealth Advisors LLC boosted its stake in iShares S&P 500 Growth ETF by 160.2% in the 3rd quarter. Valued Wealth Advisors LLC now owns 601 shares of the company’s stock worth $58,000 after purchasing an additional 370 shares in the last quarter.

iShares S&P 500 Growth ETF Price Performance

Shares of iShares S&P 500 Growth ETF stock opened at $105.92 on Friday. The stock has a market cap of $59.10 billion, a price-to-earnings ratio of 33.87 and a beta of 1.07. The firm’s 50-day moving average is $104.05 and its 200 day moving average is $98.72. iShares S&P 500 Growth ETF has a 1 year low of $79.07 and a 1 year high of $107.14.

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.