iShares S&P 500 Growth ETF (NYSEARCA:IVW) Stake Trimmed by Independent Solutions Wealth Management LLC

Independent Solutions Wealth Management LLC lessened its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 9.0% in the 3rd quarter, Holdings Channel.com reports. The firm owned 182,107 shares of the company’s stock after selling 17,969 shares during the period. iShares S&P 500 Growth ETF makes up about 3.9% of Independent Solutions Wealth Management LLC’s investment portfolio, making the stock its 3rd biggest position. Independent Solutions Wealth Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $17,437,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Boston Family Office LLC boosted its stake in iShares S&P 500 Growth ETF by 0.4% in the third quarter. Boston Family Office LLC now owns 26,064 shares of the company’s stock valued at $2,496,000 after acquiring an additional 105 shares in the last quarter. Inspire Advisors LLC grew its position in iShares S&P 500 Growth ETF by 4.4% during the 3rd quarter. Inspire Advisors LLC now owns 2,602 shares of the company’s stock worth $249,000 after purchasing an additional 109 shares during the last quarter. Savvy Advisors Inc. raised its holdings in shares of iShares S&P 500 Growth ETF by 2.7% in the third quarter. Savvy Advisors Inc. now owns 4,306 shares of the company’s stock valued at $412,000 after buying an additional 112 shares during the last quarter. First National Bank & Trust Co. of Newtown boosted its stake in shares of iShares S&P 500 Growth ETF by 0.6% during the third quarter. First National Bank & Trust Co. of Newtown now owns 17,821 shares of the company’s stock worth $1,706,000 after buying an additional 115 shares during the period. Finally, Truvestments Capital LLC grew its holdings in shares of iShares S&P 500 Growth ETF by 5.2% during the third quarter. Truvestments Capital LLC now owns 2,406 shares of the company’s stock worth $230,000 after buying an additional 118 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Up 0.7 %

IVW traded up $0.67 on Thursday, hitting $102.24. 2,167,368 shares of the company traded hands, compared to its average volume of 2,783,051. iShares S&P 500 Growth ETF has a 12-month low of $72.69 and a 12-month high of $105.64. The company has a 50 day moving average of $99.83 and a 200-day moving average of $94.96. The stock has a market capitalization of $53.56 billion, a PE ratio of 28.52 and a beta of 1.14.

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.