Pathway Financial Advisors LLC Cuts Holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Pathway Financial Advisors LLC decreased its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 2.4% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 26,180 shares of the company’s stock after selling 645 shares during the period. Pathway Financial Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $2,430,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. TrinityPoint Wealth LLC boosted its holdings in iShares S&P 500 Growth ETF by 1.5% in the 4th quarter. TrinityPoint Wealth LLC now owns 7,051 shares of the company’s stock worth $716,000 after buying an additional 103 shares during the last quarter. Freedom Day Solutions LLC lifted its position in shares of iShares S&P 500 Growth ETF by 3.5% in the fourth quarter. Freedom Day Solutions LLC now owns 3,273 shares of the company’s stock valued at $332,000 after acquiring an additional 110 shares in the last quarter. Evergreen Private Wealth LLC increased its position in shares of iShares S&P 500 Growth ETF by 1.6% during the fourth quarter. Evergreen Private Wealth LLC now owns 7,579 shares of the company’s stock worth $770,000 after purchasing an additional 118 shares in the last quarter. MONECO Advisors LLC increased its position in shares of iShares S&P 500 Growth ETF by 1.2% during the fourth quarter. MONECO Advisors LLC now owns 10,303 shares of the company’s stock worth $1,046,000 after purchasing an additional 123 shares in the last quarter. Finally, United Community Bank raised its stake in iShares S&P 500 Growth ETF by 4.3% in the 4th quarter. United Community Bank now owns 3,306 shares of the company’s stock valued at $336,000 after purchasing an additional 135 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Down 1.2%

Shares of NYSEARCA IVW opened at $105.10 on Friday. The firm has a 50-day simple moving average of $98.05 and a 200-day simple moving average of $99.81. The stock has a market capitalization of $56.69 billion, a price-to-earnings ratio of 29.66 and a beta of 1.12. iShares S&P 500 Growth ETF has a 52 week low of $79.31 and a 52 week high of $107.14.

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.