iShares S&P 500 Growth ETF (NYSEARCA:IVW) Holdings Cut by Concord Wealth Partners

Concord Wealth Partners decreased its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 20.3% in the third quarter, Holdings Channel reports. The institutional investor owned 549 shares of the company’s stock after selling 140 shares during the quarter. Concord Wealth Partners’ holdings in iShares S&P 500 Growth ETF were worth $53,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. 1620 Investment Advisors Inc. purchased a new stake in iShares S&P 500 Growth ETF in the 2nd quarter worth approximately $34,000. Financial Connections Group Inc. acquired a new position in shares of iShares S&P 500 Growth ETF during the 2nd quarter worth $35,000. CarsonAllaria Wealth Management Ltd. increased its stake in shares of iShares S&P 500 Growth ETF by 45.5% during the 1st quarter. CarsonAllaria Wealth Management Ltd. now owns 400 shares of the company’s stock worth $34,000 after purchasing an additional 125 shares during the last quarter. Davis Capital Management increased its stake in shares of iShares S&P 500 Growth ETF by 78.4% during the 3rd quarter. Davis Capital Management now owns 412 shares of the company’s stock worth $39,000 after purchasing an additional 181 shares during the last quarter. Finally, GPS Wealth Strategies Group LLC increased its stake in shares of iShares S&P 500 Growth ETF by 91.3% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 417 shares of the company’s stock worth $39,000 after purchasing an additional 199 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Up 0.1 %

Shares of IVW opened at $97.66 on Tuesday. The company’s fifty day moving average is $94.44 and its 200-day moving average is $90.72. iShares S&P 500 Growth ETF has a 12 month low of $65.98 and a 12 month high of $98.41. The firm has a market cap of $51.16 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14.

About iShares S&P 500 Growth ETF

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.