Cape Investment Advisory Inc. Sells 305 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Cape Investment Advisory Inc. decreased its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 6.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,562 shares of the company’s stock after selling 305 shares during the quarter. Cape Investment Advisory Inc.’s holdings in iShares S&P 500 Growth ETF were worth $463,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. The Manufacturers Life Insurance Company bought a new stake in iShares S&P 500 Growth ETF in the 3rd quarter valued at approximately $82,464,000. Arvest Bank Trust Division acquired a new stake in shares of iShares S&P 500 Growth ETF in the third quarter valued at approximately $56,971,000. Strategic Financial Concepts LLC lifted its position in shares of iShares S&P 500 Growth ETF by 10,066.9% in the fourth quarter. Strategic Financial Concepts LLC now owns 425,892 shares of the company’s stock worth $479,000 after purchasing an additional 421,703 shares in the last quarter. Sanctuary Advisors LLC boosted its holdings in iShares S&P 500 Growth ETF by 29.8% during the third quarter. Sanctuary Advisors LLC now owns 1,412,222 shares of the company’s stock worth $140,686,000 after purchasing an additional 324,178 shares during the last quarter. Finally, LPL Financial LLC grew its position in iShares S&P 500 Growth ETF by 1.7% in the third quarter. LPL Financial LLC now owns 15,682,897 shares of the company’s stock valued at $1,501,637,000 after purchasing an additional 255,991 shares in the last quarter.

iShares S&P 500 Growth ETF Price Performance

Shares of NYSEARCA:IVW opened at $101.17 on Friday. The company’s 50-day moving average price is $103.83 and its two-hundred day moving average price is $99.41. iShares S&P 500 Growth ETF has a one year low of $79.07 and a one year high of $107.14. The stock has a market capitalization of $56.45 billion, a PE ratio of 33.87 and a beta of 1.07.

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.