Atlas Brown Inc. Reduces Stock Position in iShares S&P 500 Growth ETF $IVW

Atlas Brown Inc. trimmed its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 2.3% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 27,481 shares of the company’s stock after selling 652 shares during the period. iShares S&P 500 Growth ETF comprises 1.0% of Atlas Brown Inc.’s investment portfolio, making the stock its 24th biggest holding. Atlas Brown Inc.’s holdings in iShares S&P 500 Growth ETF were worth $3,026,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in IVW. Envestnet Asset Management Inc. increased its position in iShares S&P 500 Growth ETF by 5.1% during the first quarter. Envestnet Asset Management Inc. now owns 48,079,544 shares of the company’s stock worth $4,463,224,000 after buying an additional 2,350,072 shares during the period. Sofi Wealth LLC raised its stake in shares of iShares S&P 500 Growth ETF by 4,023.6% during the 1st quarter. Sofi Wealth LLC now owns 1,857,008 shares of the company’s stock worth $172,386,000 after buying an additional 1,811,974 shares during the last quarter. Liberty Wealth Management LLC raised its position in iShares S&P 500 Growth ETF by 489.6% during the first quarter. Liberty Wealth Management LLC now owns 1,363,876 shares of the company’s stock worth $126,609,000 after acquiring an additional 1,132,541 shares during the last quarter. LPL Financial LLC lifted its stake in iShares S&P 500 Growth ETF by 5.5% in the 1st quarter. LPL Financial LLC now owns 18,929,345 shares of the company’s stock valued at $1,757,211,000 after buying an additional 988,955 shares in the last quarter. Finally, Pinkerton Retirement Specialists LLC lifted its position in shares of iShares S&P 500 Growth ETF by 192.5% in the first quarter. Pinkerton Retirement Specialists LLC now owns 1,135,349 shares of the company’s stock valued at $105,394,000 after acquiring an additional 747,194 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Performance

Shares of NYSEARCA IVW opened at $119.00 on Monday. The firm’s 50 day moving average price is $114.10 and its 200 day moving average price is $103.86. The firm has a market cap of $65.21 billion, a P/E ratio of 33.33 and a beta of 1.05. iShares S&P 500 Growth ETF has a 1 year low of $79.31 and a 1 year high of $119.29.

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.