Capital Management Associates Inc Sells 2,316 Shares of iShares S&P 500 Growth ETF $IVW

Capital Management Associates Inc trimmed its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 49.9% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,322 shares of the company’s stock after selling 2,316 shares during the period. Capital Management Associates Inc’s holdings in iShares S&P 500 Growth ETF were worth $256,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of IVW. Envestnet Asset Management Inc. raised its position in shares of iShares S&P 500 Growth ETF by 5.1% during the 1st quarter. Envestnet Asset Management Inc. now owns 48,079,544 shares of the company’s stock valued at $4,463,224,000 after purchasing an additional 2,350,072 shares during the period. Sofi Wealth LLC grew its stake in iShares S&P 500 Growth ETF by 4,023.6% during the first quarter. Sofi Wealth LLC now owns 1,857,008 shares of the company’s stock valued at $172,386,000 after acquiring an additional 1,811,974 shares in the last quarter. Liberty Wealth Management LLC grew its stake in iShares S&P 500 Growth ETF by 489.6% during the first quarter. Liberty Wealth Management LLC now owns 1,363,876 shares of the company’s stock valued at $126,609,000 after acquiring an additional 1,132,541 shares in the last quarter. LPL Financial LLC grew its stake in iShares S&P 500 Growth ETF by 5.5% during the first quarter. LPL Financial LLC now owns 18,929,345 shares of the company’s stock valued at $1,757,211,000 after acquiring an additional 988,955 shares in the last quarter. Finally, Pinkerton Retirement Specialists LLC grew its stake in iShares S&P 500 Growth ETF by 192.5% during the first quarter. Pinkerton Retirement Specialists LLC now owns 1,135,349 shares of the company’s stock valued at $105,394,000 after acquiring an additional 747,194 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Performance

IVW opened at $122.00 on Thursday. The stock has a market capitalization of $66.53 billion, a price-to-earnings ratio of 33.33 and a beta of 1.05. The company has a fifty day moving average of $117.13 and a 200 day moving average of $106.84. iShares S&P 500 Growth ETF has a fifty-two week low of $79.31 and a fifty-two week high of $122.02.

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.