Mount Yale Investment Advisors LLC Trims Stock Holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Mount Yale Investment Advisors LLC lowered its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 11.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 57,112 shares of the company’s stock after selling 7,327 shares during the quarter. iShares S&P 500 Growth ETF comprises about 0.5% of Mount Yale Investment Advisors LLC’s portfolio, making the stock its 28th biggest holding. Mount Yale Investment Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $5,799,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently bought and sold shares of IVW. Davis Capital Management raised its stake in shares of iShares S&P 500 Growth ETF by 78.4% in the 3rd quarter. Davis Capital Management now owns 412 shares of the company’s stock valued at $39,000 after acquiring an additional 181 shares during the period. Element Wealth LLC increased its holdings in iShares S&P 500 Growth ETF by 31.1% in the 3rd quarter. Element Wealth LLC now owns 577 shares of the company’s stock valued at $55,000 after purchasing an additional 137 shares during the last quarter. Valued Wealth Advisors LLC raised its position in iShares S&P 500 Growth ETF by 160.2% in the third quarter. Valued Wealth Advisors LLC now owns 601 shares of the company’s stock valued at $58,000 after purchasing an additional 370 shares during the period. Copley Financial Group Inc. acquired a new position in iShares S&P 500 Growth ETF during the third quarter worth $64,000. Finally, ORG Wealth Partners LLC acquired a new position in iShares S&P 500 Growth ETF during the third quarter worth $66,000.

iShares S&P 500 Growth ETF Trading Down 0.4 %

Shares of NYSEARCA IVW opened at $106.26 on Monday. The stock has a market capitalization of $55.67 billion, a PE ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a twelve month low of $77.20 and a twelve month high of $107.14. The stock has a fifty day simple moving average of $102.67 and a 200-day simple moving average of $97.06.

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.