iShares S&P 500 Growth ETF $IVW Stock Sold by Droms Strauss Advisors Inc. MO ADV

Droms Strauss Advisors Inc. MO ADV lowered its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 3.1% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 219,924 shares of the company’s stock after selling 6,935 shares during the quarter. iShares S&P 500 Growth ETF comprises 7.2% of Droms Strauss Advisors Inc. MO ADV’s investment portfolio, making the stock its 3rd biggest holding. Droms Strauss Advisors Inc. MO ADV’s holdings in iShares S&P 500 Growth ETF were worth $31,286,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the business. Measured Wealth Private Client Group LLC purchased a new stake in iShares S&P 500 Growth ETF during the first quarter worth approximately $34,000. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in iShares S&P 500 Growth ETF by 1,071.4% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 246 shares of the company’s stock valued at $34,000 after purchasing an additional 225 shares in the last quarter. First Pacific Financial purchased a new position in iShares S&P 500 Growth ETF in the second quarter valued at approximately $34,000. GK Wealth Management LLC purchased a new position in iShares S&P 500 Growth ETF in the third quarter valued at approximately $41,000. Finally, YANKCOM Partnership purchased a new position in iShares S&P 500 Growth ETF in the third quarter valued at approximately $51,000.

iShares S&P 500 Growth ETF Stock Performance

IVW stock traded up $1.21 during midday trading on Friday, reaching $129.63. 2,579,546 shares of the company were exchanged, compared to its average volume of 2,974,324. iShares S&P 500 Growth ETF has a 1-year low of $108.13 and a 1-year high of $146.83. The stock’s 50-day simple moving average is $140.00 and its 200 day simple moving average is $132.10. The company has a market cap of $71.70 billion, a price-to-earnings ratio of 24.96 and a beta of 1.17.

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.