Elevation Point Wealth Partners LLC Sells 4,499 Shares of iShares S&P 500 Growth ETF $IVW

Elevation Point Wealth Partners LLC cut its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 8.7% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 47,368 shares of the company’s stock after selling 4,499 shares during the period. Elevation Point Wealth Partners LLC’s holdings in iShares S&P 500 Growth ETF were worth $5,215,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the company. Flaharty Asset Management LLC purchased a new position in shares of iShares S&P 500 Growth ETF during the first quarter valued at approximately $26,000. Ryan Investment Management Inc. bought a new stake in shares of iShares S&P 500 Growth ETF during the 2nd quarter worth approximately $36,000. Morgan Dempsey Capital Management LLC bought a new stake in shares of iShares S&P 500 Growth ETF during the 2nd quarter worth approximately $44,000. ST Germain D J Co. Inc. boosted its holdings in iShares S&P 500 Growth ETF by 655.4% during the 2nd quarter. ST Germain D J Co. Inc. now owns 423 shares of the company’s stock valued at $47,000 after acquiring an additional 367 shares during the period. Finally, Quantbot Technologies LP bought a new position in iShares S&P 500 Growth ETF in the 1st quarter valued at $56,000.

iShares S&P 500 Growth ETF Stock Up 0.6%

IVW stock opened at $123.10 on Thursday. The business’s fifty day simple moving average is $121.52 and its two-hundred day simple moving average is $114.36. iShares S&P 500 Growth ETF has a twelve month low of $79.31 and a twelve month high of $126.61. The firm has a market cap of $66.82 billion, a price-to-earnings ratio of 33.33 and a beta of 1.11.

iShares S&P 500 Growth ETF 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.