iShares S&P 500 Growth ETF $IVW Stock: Pinkerton Wealth LLC Cuts Position

Pinkerton Wealth LLC trimmed its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 76.9% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 6,070 shares of the company’s stock after selling 20,256 shares during the period. Pinkerton Wealth LLC’s holdings in iShares S&P 500 Growth ETF were worth $863,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Elevation Capital Advisory LLC bought a new stake in iShares S&P 500 Growth ETF in the 3rd quarter worth about $4,983,000. Vise Technologies Inc. raised its position in iShares S&P 500 Growth ETF by 41.5% in the 3rd quarter. Vise Technologies Inc. now owns 843,079 shares of the company’s stock worth $119,936,000 after buying an additional 247,468 shares during the last quarter. Investment Partners LTD. raised its position in iShares S&P 500 Growth ETF by 110.1% in the 3rd quarter. Investment Partners LTD. now owns 115,767 shares of the company’s stock worth $16,469,000 after buying an additional 60,675 shares during the last quarter. Global Assets Advisory LLC raised its position in iShares S&P 500 Growth ETF by 3.0% in the 3rd quarter. Global Assets Advisory LLC now owns 3,230 shares of the company’s stock worth $469,000 after buying an additional 93 shares during the last quarter. Finally, Coyle Financial Counsel LLC lifted its stake in iShares S&P 500 Growth ETF by 47.1% during the 3rd quarter. Coyle Financial Counsel LLC now owns 5,518 shares of the company’s stock valued at $785,000 after acquiring an additional 1,767 shares during the period.

iShares S&P 500 Growth ETF Stock Performance

IVW opened at $134.46 on Monday. The company’s 50-day simple moving average is $140.66 and its two-hundred day simple moving average is $131.87. The stock has a market capitalization of $74.75 billion, a P/E ratio of 33.33 and a beta of 1.17. iShares S&P 500 Growth ETF has a 52-week low of $108.13 and a 52-week high of $146.83.

iShares S&P 500 Growth ETF Company 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. 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.