Trust Point Inc. Has $19.41 Million Stock Holdings in iShares S&P 500 Growth ETF $IVW

Trust Point Inc. decreased its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 7.0% during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 141,130 shares of the company’s stock after selling 10,620 shares during the period. iShares S&P 500 Growth ETF accounts for 1.6% of Trust Point Inc.’s investment portfolio, making the stock its 9th largest position. Trust Point Inc.’s holdings in iShares S&P 500 Growth ETF were worth $19,410,000 as of its most recent filing with the SEC.

Other large investors have also added to or reduced their stakes in the company. Strive Financial Group LLC bought a new stake in shares of iShares S&P 500 Growth ETF during the fourth quarter valued at about $26,000. Decker Retirement Planning Inc. purchased a new stake in shares of iShares S&P 500 Growth ETF in the fourth quarter worth about $28,000. Financial Network Wealth Advisors LLC boosted its position in shares of 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. bought a new position in shares of iShares S&P 500 Growth ETF in the third quarter valued at approximately $28,000. Finally, Darwin Wealth Management LLC purchased a new position in iShares S&P 500 Growth ETF during the second quarter valued at approximately $30,000.

iShares S&P 500 Growth ETF Trading Up 0.7%

iShares S&P 500 Growth ETF stock opened at $142.10 on Friday. The firm’s 50 day simple moving average is $136.32 and its 200 day simple moving average is $128.29. The firm has a market capitalization of $77.58 billion, a PE ratio of 33.33 and a beta of 1.17. iShares S&P 500 Growth ETF has a 1-year low of $108.13 and a 1-year high of $143.26.

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. 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.