iShares S&P 500 Growth ETF $IVW is Sterling Investment Counsel LLC’s Largest Position

Sterling Investment Counsel LLC lessened its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 2.3% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 283,172 shares of the company’s stock after selling 6,720 shares during the quarter. iShares S&P 500 Growth ETF accounts for about 9.0% of Sterling Investment Counsel LLC’s portfolio, making the stock its largest holding. Sterling Investment Counsel LLC owned about 0.05% of iShares S&P 500 Growth ETF worth $32,030,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently modified their holdings of the stock. Strive Financial Group LLC acquired a new stake in iShares S&P 500 Growth ETF during the fourth quarter worth about $26,000. Decker Retirement Planning Inc. acquired a new position in iShares S&P 500 Growth ETF in the fourth quarter valued at approximately $28,000. Financial Network Wealth Advisors LLC lifted its holdings in iShares S&P 500 Growth ETF by 174.4% in the fourth quarter. Financial Network Wealth Advisors LLC now owns 225 shares of the company’s stock valued at $28,000 after acquiring an additional 143 shares during the period. Turning Point Benefit Group Inc. purchased a new stake in iShares S&P 500 Growth ETF in the 3rd quarter worth approximately $28,000. Finally, Darwin Wealth Management LLC acquired a new stake in shares of iShares S&P 500 Growth ETF during the 2nd quarter worth approximately $30,000.

iShares S&P 500 Growth ETF Price Performance

Shares of NYSEARCA IVW opened at $137.96 on Monday. The stock has a market capitalization of $74.77 billion, a price-to-earnings ratio of 33.33 and a beta of 1.17. The firm’s 50 day simple moving average is $133.56 and its 200-day simple moving average is $125.30. iShares S&P 500 Growth ETF has a 12 month low of $104.21 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.