Steph & Co. Trims Stock Holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Steph & Co. decreased its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 5.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,009 shares of the company’s stock after selling 158 shares during the period. Steph & Co.’s holdings in iShares S&P 500 Growth ETF were worth $306,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Davis Capital Management grew its position 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 buying an additional 181 shares in the last quarter. Element Wealth LLC lifted its holdings in iShares S&P 500 Growth ETF by 31.1% during the third quarter. Element Wealth LLC now owns 577 shares of the company’s stock worth $55,000 after buying an additional 137 shares during the period. Valued Wealth Advisors LLC boosted its position in iShares S&P 500 Growth ETF by 160.2% during the 3rd quarter. Valued Wealth Advisors LLC now owns 601 shares of the company’s stock valued at $58,000 after acquiring an additional 370 shares in the last quarter. Copley Financial Group Inc. purchased a new position in shares of iShares S&P 500 Growth ETF in the 3rd quarter valued at $64,000. Finally, ORG Wealth Partners LLC bought a new position in shares of iShares S&P 500 Growth ETF in the 3rd quarter worth $66,000.

iShares S&P 500 Growth ETF Stock Up 2.4 %

Shares of IVW opened at $102.91 on Thursday. The company has a 50 day moving average of $101.99 and a two-hundred day moving average of $96.53. iShares S&P 500 Growth ETF has a twelve month low of $74.61 and a twelve month high of $105.64. The company has a market cap of $53.91 billion, a price-to-earnings 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.