SPC Financial Inc. Reduces Position in iShares S&P 500 Growth ETF $IVW

SPC Financial Inc. trimmed its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 2.1% during the second quarter, HoldingsChannel reports. The institutional investor owned 228,798 shares of the company’s stock after selling 4,843 shares during the period. iShares S&P 500 Growth ETF comprises approximately 2.1% of SPC Financial Inc.’s holdings, making the stock its 13th biggest holding. SPC Financial Inc.’s holdings in iShares S&P 500 Growth ETF were worth $25,191,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. LongView Wealth Management lifted its holdings in shares of iShares S&P 500 Growth ETF by 0.9% in the second quarter. LongView Wealth Management now owns 10,811 shares of the company’s stock worth $1,190,000 after buying an additional 94 shares in the last quarter. Cape ANN Savings Bank lifted its holdings in shares of iShares S&P 500 Growth ETF by 4.2% in the first quarter. Cape ANN Savings Bank now owns 2,476 shares of the company’s stock worth $230,000 after buying an additional 100 shares in the last quarter. waypoint wealth counsel lifted its holdings in shares of iShares S&P 500 Growth ETF by 0.4% in the second quarter. waypoint wealth counsel now owns 27,414 shares of the company’s stock worth $3,018,000 after buying an additional 103 shares in the last quarter. Buska Wealth Management LLC lifted its holdings in shares of iShares S&P 500 Growth ETF by 1.4% in the second quarter. Buska Wealth Management LLC now owns 8,166 shares of the company’s stock worth $899,000 after buying an additional 111 shares in the last quarter. Finally, Aurora Private Wealth Inc. lifted its holdings in shares of iShares S&P 500 Growth ETF by 1.0% in the second quarter. Aurora Private Wealth Inc. now owns 11,641 shares of the company’s stock worth $1,282,000 after buying an additional 115 shares in the last quarter.

iShares S&P 500 Growth ETF Trading Down 3.1%

Shares of iShares S&P 500 Growth ETF stock opened at $118.29 on Friday. iShares S&P 500 Growth ETF has a 12-month low of $79.31 and a 12-month high of $122.66. The company has a market cap of $64.41 billion, a price-to-earnings ratio of 33.33 and a beta of 1.05. The company’s 50-day moving average price is $117.43 and its 200-day moving average price is $107.24.

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.