IFP Advisors Inc Sells 11,729 Shares of iShares S&P 500 Growth ETF $IVW

IFP Advisors Inc decreased its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 4.3% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 258,251 shares of the company’s stock after selling 11,729 shares during the period. iShares S&P 500 Growth ETF makes up approximately 0.6% of IFP Advisors Inc’s investment portfolio, making the stock its 21st largest holding. IFP Advisors Inc’s holdings in iShares S&P 500 Growth ETF were worth $36,739,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of IVW. Measured Wealth Private Client Group LLC purchased a new position in shares of iShares S&P 500 Growth ETF in the 1st quarter valued at approximately $34,000. Thurston Springer Miller Herd & Titak Inc. boosted its stake in iShares S&P 500 Growth ETF by 1,071.4% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 246 shares of the company’s stock worth $34,000 after purchasing an additional 225 shares in the last quarter. First Pacific Financial purchased a new stake in iShares S&P 500 Growth ETF during the 2nd quarter worth approximately $34,000. GK Wealth Management LLC purchased a new stake in iShares S&P 500 Growth ETF during the 3rd quarter worth approximately $41,000. Finally, YANKCOM Partnership purchased a new stake in iShares S&P 500 Growth ETF during the 3rd quarter worth approximately $51,000.

iShares S&P 500 Growth ETF Trading Down 1.9%

Shares of iShares S&P 500 Growth ETF stock opened at $138.93 on Friday. iShares S&P 500 Growth ETF has a 12-month low of $108.13 and a 12-month high of $146.83. The firm has a market capitalization of $76.86 billion, a price-to-earnings ratio of 33.33 and a beta of 1.17. The firm’s 50 day simple moving average is $141.13 and its two-hundred day simple moving average is $135.73.

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. The Growth Index is a subset of the S&P 500 and consists of those stocks in the S&P 500 exhibiting the strongest growth characteristics.