iShares S&P 500 Growth ETF $IVW Stock: Investment Management Corp VA ADV Reduces Stake

Investment Management Corp VA ADV trimmed its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 76.0% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 17,211 shares of the company’s stock after selling 54,359 shares during the quarter. iShares S&P 500 Growth ETF accounts for approximately 1.9% of Investment Management Corp VA ADV’s holdings, making the stock its 12th biggest holding. Investment Management Corp VA ADV’s holdings in iShares S&P 500 Growth ETF were worth $2,448,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Measured Wealth Private Client Group LLC bought a new stake in iShares S&P 500 Growth ETF during the 1st quarter valued at $34,000. Thurston Springer Miller Herd & Titak Inc. lifted its stake in shares of iShares S&P 500 Growth ETF by 1,071.4% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 246 shares of the company’s stock worth $34,000 after purchasing an additional 225 shares during the last quarter. First Pacific Financial purchased a new stake in shares of iShares S&P 500 Growth ETF during the 2nd quarter worth $34,000. GK Wealth Management LLC bought a new stake in iShares S&P 500 Growth ETF during the third quarter valued at about $41,000. Finally, YANKCOM Partnership bought a new stake in iShares S&P 500 Growth ETF during the third quarter valued at about $51,000.

iShares S&P 500 Growth ETF Stock Performance

Shares of iShares S&P 500 Growth ETF stock opened at $129.63 on Friday. The company has a market capitalization of $71.70 billion, a PE ratio of 24.96 and a beta of 1.17. The company has a 50-day simple moving average of $140.00 and a two-hundred day simple moving average of $132.10. iShares S&P 500 Growth ETF has a one year low of $108.13 and a one year 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.