FSC Wealth Advisors LLC Sells 11,616 Shares of iShares S&P 500 Growth ETF $IVW

FSC Wealth Advisors LLC trimmed its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 86.4% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,830 shares of the company’s stock after selling 11,616 shares during the quarter. iShares S&P 500 Growth ETF accounts for approximately 4.0% of FSC Wealth Advisors LLC’s investment portfolio, making the stock its 12th largest position. FSC Wealth Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $207,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the company. Strive Financial Group LLC bought a new stake in shares of iShares S&P 500 Growth ETF in the 4th quarter worth about $26,000. Decker Retirement Planning Inc. bought a new position in iShares S&P 500 Growth ETF during the 4th quarter valued at about $28,000. Financial Network Wealth Advisors LLC grew its holdings in iShares S&P 500 Growth ETF by 174.4% during the 4th quarter. Financial Network Wealth Advisors LLC now owns 225 shares of the company’s stock valued at $28,000 after purchasing an additional 143 shares during the last quarter. Turning Point Benefit Group Inc. purchased a new stake in iShares S&P 500 Growth ETF in the 3rd quarter worth about $28,000. Finally, Darwin Wealth Management LLC purchased a new stake in iShares S&P 500 Growth ETF in the 2nd quarter worth about $30,000.

iShares S&P 500 Growth ETF Price Performance

Shares of NYSEARCA IVW opened at $133.46 on Friday. iShares S&P 500 Growth ETF has a 1 year low of $107.97 and a 1 year high of $141.98. The firm has a 50-day simple moving average of $134.56 and a two-hundred day simple moving average of $125.60. The company has a market cap of $72.33 billion, a P/E ratio of 33.33 and a beta of 1.17.

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.