Broadview Financial Management LLC Sells 10,588 Shares of iShares S&P 500 Growth ETF $IVW

Broadview Financial Management LLC reduced its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 10.0% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 94,914 shares of the company’s stock after selling 10,588 shares during the quarter. iShares S&P 500 Growth ETF comprises approximately 7.1% of Broadview Financial Management LLC’s portfolio, making the stock its 5th biggest position. Broadview Financial Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $10,450,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the business. Sax Wealth Advisors LLC increased its position in iShares S&P 500 Growth ETF by 142.3% in the 2nd quarter. Sax Wealth Advisors LLC now owns 18,003 shares of the company’s stock valued at $1,982,000 after acquiring an additional 10,572 shares during the period. Embree Financial Group grew its stake in shares of iShares S&P 500 Growth ETF by 101.2% in the 2nd quarter. Embree Financial Group now owns 8,357 shares of the company’s stock valued at $920,000 after purchasing an additional 4,204 shares during the last quarter. Semus Wealth Partners LLC grew its stake in shares of iShares S&P 500 Growth ETF by 4.8% in the 1st quarter. Semus Wealth Partners LLC now owns 11,283 shares of the company’s stock valued at $1,047,000 after purchasing an additional 518 shares during the last quarter. Sharp Financial Services LLC increased its holdings in shares of iShares S&P 500 Growth ETF by 11.6% in the second quarter. Sharp Financial Services LLC now owns 228,223 shares of the company’s stock valued at $25,127,000 after purchasing an additional 23,728 shares during the period. Finally, Patton Albertson Miller Group LLC raised its stake in shares of iShares S&P 500 Growth ETF by 25.3% during the second quarter. Patton Albertson Miller Group LLC now owns 143,948 shares of the company’s stock worth $15,849,000 after purchasing an additional 29,052 shares during the last quarter.

iShares S&P 500 Growth ETF Price Performance

Shares of NYSEARCA IVW opened at $121.77 on Friday. The stock has a fifty day moving average price of $120.37 and a 200 day moving average price of $111.59. iShares S&P 500 Growth ETF has a 1-year low of $79.31 and a 1-year high of $126.61. The company has a market cap of $66.10 billion, a PE ratio of 33.33 and a beta of 1.11.

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.