Beaumont Financial Advisors LLC Sells 1,480 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Beaumont Financial Advisors LLC cut its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 19.7% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,044 shares of the company’s stock after selling 1,480 shares during the quarter. Beaumont Financial Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $454,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Financial Connections Group Inc. bought a new stake in shares of iShares S&P 500 Growth ETF during the 4th quarter valued at $28,000. Goodwin Investment Advisory bought a new stake in shares of iShares S&P 500 Growth ETF during the 4th quarter valued at $29,000. Russell Investments Group Ltd. bought a new stake in shares of iShares S&P 500 Growth ETF during the 2nd quarter valued at $30,000. Life Planning Partners Inc bought a new stake in shares of iShares S&P 500 Growth ETF during the 4th quarter valued at $32,000. Finally, Howe & Rusling Inc. lifted its position in shares of iShares S&P 500 Growth ETF by 1,137.2% during the 3rd quarter. Howe & Rusling Inc. now owns 532 shares of the company’s stock valued at $36,000 after acquiring an additional 489 shares during the period.

iShares S&P 500 Growth ETF Stock Performance

NYSEARCA:IVW opened at $79.34 on Friday. The stock has a fifty day moving average price of $83.02 and a 200-day moving average price of $76.59. The company has a market cap of $41.63 billion, a price-to-earnings ratio of 28.34 and a beta of 1.10. iShares S&P 500 Growth ETF has a fifty-two week low of $63.10 and a fifty-two week high of $85.56.

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.