Regal Investment Advisors LLC Sells 5,829 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Regal Investment Advisors LLC lessened its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 4.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 133,491 shares of the company’s stock after selling 5,829 shares during the quarter. iShares S&P 500 Growth ETF makes up about 1.0% of Regal Investment Advisors LLC’s portfolio, making the stock its 18th biggest position. Regal Investment Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $13,553,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in IVW. Broadview Financial Management LLC boosted its position in iShares S&P 500 Growth ETF by 0.6% during the third quarter. Broadview Financial Management LLC now owns 107,557 shares of the company’s stock valued at $10,299,000 after purchasing an additional 692 shares in the last quarter. Arvest Bank Trust Division purchased a new stake in shares of iShares S&P 500 Growth ETF during the third quarter valued at about $56,971,000. Wilmington Savings Fund Society FSB boosted its holdings in shares of iShares S&P 500 Growth ETF by 244.7% in the 3rd quarter. Wilmington Savings Fund Society FSB now owns 287,774 shares of the company’s stock valued at $27,554,000 after buying an additional 204,283 shares in the last quarter. PVG Asset Management Corp bought a new stake in shares of iShares S&P 500 Growth ETF in the 3rd quarter valued at about $441,000. Finally, Franklin Resources Inc. grew its position in shares of iShares S&P 500 Growth ETF by 0.5% in the 3rd quarter. Franklin Resources Inc. now owns 83,882 shares of the company’s stock worth $8,204,000 after buying an additional 439 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Up 0.7 %

NYSEARCA:IVW opened at $90.99 on Tuesday. The stock has a market capitalization of $49.57 billion, a price-to-earnings ratio of 28.32 and a beta of 1.12. iShares S&P 500 Growth ETF has a 52 week low of $79.07 and a 52 week high of $107.14. The firm has a 50 day moving average of $96.78 and a 200 day moving average of $99.40.

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.