Ameritas Advisory Services LLC Trims Stock Holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Ameritas Advisory Services LLC trimmed its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 25.9% in the third quarter, Holdings Channel reports. The institutional investor owned 155,028 shares of the company’s stock after selling 54,254 shares during the quarter. Ameritas Advisory Services LLC’s holdings in iShares S&P 500 Growth ETF were worth $14,844,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of the business. 1620 Investment Advisors Inc. bought a new stake in iShares S&P 500 Growth ETF in the second quarter worth $34,000. Financial Connections Group Inc. purchased a new position in iShares S&P 500 Growth ETF during the second quarter valued at $35,000. CarsonAllaria Wealth Management Ltd. boosted its holdings 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 valued at $34,000 after buying an additional 125 shares in the last quarter. Davis Capital Management boosted its holdings 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 valued at $39,000 after buying an additional 181 shares in the last quarter. Finally, GPS Wealth Strategies Group LLC boosted its holdings 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 valued at $39,000 after buying an additional 199 shares in the last quarter.

iShares S&P 500 Growth ETF Price Performance

iShares S&P 500 Growth ETF stock traded up $0.77 during mid-day trading on Tuesday, reaching $96.27. The stock had a trading volume of 55,775 shares, compared to its average volume of 2,899,240. The company has a market capitalization of $50.44 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. The company has a 50-day moving average price of $94.74 and a two-hundred day moving average price of $91.23. iShares S&P 500 Growth ETF has a one year low of $69.29 and a one year high of $98.68.

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.