BKM Wealth Management LLC Sells 2,673 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

BKM Wealth Management LLC reduced its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 2.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 103,628 shares of the company’s stock after selling 2,673 shares during the quarter. iShares S&P 500 Growth ETF comprises about 4.0% of BKM Wealth Management LLC’s investment portfolio, making the stock its 5th biggest position. BKM Wealth Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $9,922,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in IVW. Highland Capital Management LLC increased its position in iShares S&P 500 Growth ETF by 27.0% during the 3rd quarter. Highland Capital Management LLC now owns 13,195 shares of the company’s stock worth $1,263,000 after purchasing an additional 2,803 shares in the last quarter. Capital Management Associates Inc acquired a new stake in iShares S&P 500 Growth ETF in the 3rd quarter valued at $221,000. Joel Isaacson & Co. LLC raised its position in iShares S&P 500 Growth ETF by 20.1% in the third quarter. Joel Isaacson & Co. LLC now owns 21,277 shares of the company’s stock valued at $2,037,000 after purchasing an additional 3,566 shares during the period. West Wealth Group LLC lifted its stake in shares of iShares S&P 500 Growth ETF by 5.3% during the third quarter. West Wealth Group LLC now owns 511,977 shares of the company’s stock worth $49,022,000 after purchasing an additional 25,849 shares in the last quarter. Finally, MA Private Wealth boosted its position in shares of iShares S&P 500 Growth ETF by 50.1% in the third quarter. MA Private Wealth now owns 317,872 shares of the company’s stock worth $30,436,000 after buying an additional 106,082 shares during the period.

iShares S&P 500 Growth ETF Stock Performance

iShares S&P 500 Growth ETF stock opened at $97.56 on Friday. The firm has a market capitalization of $51.11 billion, a PE ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a one year low of $65.53 and a one year high of $98.41. The stock’s 50 day moving average price is $94.27 and its 200 day moving average price is $90.45.

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.