Wealthspire Advisors LLC Sells 227,612 Shares of iShares S&P 500 Growth ETF $IVW

Wealthspire Advisors LLC trimmed its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 44.3% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 285,670 shares of the company’s stock after selling 227,612 shares during the quarter. Wealthspire Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $31,452,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. Flaharty Asset Management LLC acquired a new position in shares of iShares S&P 500 Growth ETF in the 1st quarter valued at $26,000. Ryan Investment Management Inc. acquired a new stake in shares of iShares S&P 500 Growth ETF during the 2nd quarter valued at about $36,000. Morgan Dempsey Capital Management LLC bought a new stake in iShares S&P 500 Growth ETF in the second quarter valued at about $44,000. Nemes Rush Group LLC increased its stake in iShares S&P 500 Growth ETF by 329.5% in the first quarter. Nemes Rush Group LLC now owns 481 shares of the company’s stock valued at $45,000 after acquiring an additional 369 shares during the period. Finally, ST Germain D J Co. Inc. raised its position in iShares S&P 500 Growth ETF by 655.4% in the second quarter. ST Germain D J Co. Inc. now owns 423 shares of the company’s stock worth $47,000 after purchasing an additional 367 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Down 1.1%

Shares of IVW opened at $118.69 on Wednesday. The company has a 50-day moving average price of $121.36 and a two-hundred day moving average price of $113.48. The stock has a market cap of $64.43 billion, a price-to-earnings ratio of 33.33 and a beta of 1.11. iShares S&P 500 Growth ETF has a 12 month low of $79.31 and a 12 month high of $126.61.

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.