Sharp Wealth Advisory LLC Sells 56,091 Shares of iShares S&P 500 Growth ETF $IVW

Sharp Wealth Advisory LLC cut its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 96.4% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 2,086 shares of the company’s stock after selling 56,091 shares during the quarter. Sharp Wealth Advisory LLC’s holdings in iShares S&P 500 Growth ETF were worth $236,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in IVW. Focus Partners Wealth increased its stake in iShares S&P 500 Growth ETF by 81.0% in the 4th quarter. Focus Partners Wealth now owns 1,920,546 shares of the company’s stock valued at $236,725,000 after buying an additional 859,584 shares during the last quarter. Valpey Financial Services LLC lifted its position in shares of iShares S&P 500 Growth ETF by 11,889.3% during the 4th quarter. Valpey Financial Services LLC now owns 712,286 shares of the company’s stock worth $87,796,000 after buying an additional 706,345 shares in the last quarter. Align Financial LLC purchased a new position in shares of iShares S&P 500 Growth ETF in the 4th quarter worth approximately $49,180,000. MML Investors Services LLC boosted its stake in shares of iShares S&P 500 Growth ETF by 10.9% in the 4th quarter. MML Investors Services LLC now owns 3,645,204 shares of the company’s stock worth $449,308,000 after buying an additional 358,496 shares during the last quarter. Finally, LPL Financial LLC boosted its stake in shares of iShares S&P 500 Growth ETF by 1.8% in the 4th quarter. LPL Financial LLC now owns 19,816,481 shares of the company’s stock worth $2,442,579,000 after buying an additional 357,495 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Down 1.1%

IVW stock opened at $135.41 on Friday. The firm has a market cap of $73.73 billion, a PE ratio of 33.33 and a beta of 1.17. The business has a 50 day moving average of $135.40 and a 200-day moving average of $126.01. iShares S&P 500 Growth ETF has a 12-month low of $108.13 and a 12-month high of $141.98.

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. 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.