iShares S&P 500 Growth ETF $IVW Shares Sold by Mattern Capital Management LLC

Mattern Capital Management LLC lowered its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 22.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,954 shares of the company’s stock after selling 566 shares during the quarter. Mattern Capital Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $215,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of IVW. Elite Financial Inc. purchased a new stake in iShares S&P 500 Growth ETF in the 1st quarter worth $26,000. Flaharty Asset Management LLC acquired a new stake in shares of iShares S&P 500 Growth ETF in the first quarter valued at about $26,000. Mechanics Financial Corp purchased a new stake in shares of iShares S&P 500 Growth ETF during the first quarter worth about $27,000. Mowery & Schoenfeld Wealth Management LLC acquired a new position in shares of iShares S&P 500 Growth ETF during the 1st quarter worth about $33,000. Finally, Cloud Capital Management LLC acquired a new position in shares of iShares S&P 500 Growth ETF during the 1st quarter worth about $36,000.

iShares S&P 500 Growth ETF Trading Down 0.3%

IVW stock opened at $121.06 on Friday. iShares S&P 500 Growth ETF has a 12-month low of $79.31 and a 12-month high of $121.92. The stock has a market cap of $66.00 billion, a price-to-earnings ratio of 33.33 and a beta of 1.05. The business’s 50-day moving average is $116.68 and its 200 day moving average is $106.29.

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.