iShares S&P 500 Growth ETF (NYSEARCA:IVW) Stock Position Decreased by Midland Wealth Advisors LLC

Midland Wealth Advisors LLC trimmed its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 2.0% in the 4th quarter, Holdings Channel reports. The firm owned 1,156,767 shares of the company’s stock after selling 23,204 shares during the period. iShares S&P 500 Growth ETF accounts for approximately 7.1% of Midland Wealth Advisors LLC’s portfolio, making the stock its 6th largest position. Midland Wealth Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $117,447,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. BankPlus Trust Department acquired a new stake in iShares S&P 500 Growth ETF during the 4th quarter worth $36,000. Hantz Financial Services Inc. purchased a new position in shares of iShares S&P 500 Growth ETF in the fourth quarter worth about $40,000. Compass Financial Services Inc acquired a new position in iShares S&P 500 Growth ETF during the fourth quarter worth about $40,000. Bellevue Asset Management LLC purchased a new stake in iShares S&P 500 Growth ETF during the 4th quarter valued at about $42,000. Finally, POM Investment Strategies LLC grew its stake in iShares S&P 500 Growth ETF by 194.8% during the 4th quarter. POM Investment Strategies LLC now owns 457 shares of the company’s stock valued at $46,000 after acquiring an additional 302 shares in the last quarter.

iShares S&P 500 Growth ETF Price Performance

IVW opened at $96.55 on Monday. The firm has a market capitalization of $53.31 billion, a price-to-earnings ratio of 30.05 and a beta of 1.08. The company’s 50 day simple moving average is $103.14 and its two-hundred day simple moving average is $99.62. iShares S&P 500 Growth ETF has a 1-year low of $79.07 and a 1-year high of $107.14.

About iShares S&P 500 Growth ETF

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.