Archer Investment Corp Sells 336 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Archer Investment Corp reduced its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 33.1% during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 679 shares of the company’s stock after selling 336 shares during the period. Archer Investment Corp’s holdings in iShares S&P 500 Growth ETF were worth $63,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of IVW. Watershed Private Wealth LLC boosted its position in shares of iShares S&P 500 Growth ETF by 3.6% during the fourth quarter. Watershed Private Wealth LLC now owns 52,774 shares of the company’s stock worth $3,963,000 after buying an additional 1,820 shares during the period. TSA Wealth Managment LLC acquired a new stake in shares of iShares S&P 500 Growth ETF in the fourth quarter valued at approximately $3,960,000. Gordian Advisors LLC bought a new position in iShares S&P 500 Growth ETF in the fourth quarter valued at $299,000. Foundations Investment Advisors LLC grew its holdings in shares of iShares S&P 500 Growth ETF by 9.5% in the 4th quarter. Foundations Investment Advisors LLC now owns 676,020 shares of the company’s stock valued at $53,027,000 after acquiring an additional 58,816 shares in the last quarter. Finally, Krilogy Financial LLC boosted its position in iShares S&P 500 Growth ETF by 3.2% during the first quarter. Krilogy Financial LLC now owns 25,870 shares of the company’s stock valued at $2,184,000 after purchasing an additional 792 shares during the last quarter.

iShares S&P 500 Growth ETF Trading Down 0.3 %

NYSEARCA IVW opened at $90.13 on Thursday. iShares S&P 500 Growth ETF has a 12 month low of $65.53 and a 12 month high of $97.22. The stock has a 50 day moving average of $92.09 and a 200-day moving average of $87.61. The company has a market cap of $47.22 billion, a PE ratio of 28.52 and a beta of 1.14.

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.