Institute for Wealth Management LLC. Decreases Stock Holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Institute for Wealth Management LLC. lowered its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 2.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 26,510 shares of the company’s stock after selling 584 shares during the period. Institute for Wealth Management LLC.’s holdings in iShares S&P 500 Growth ETF were worth $2,692,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Davis Capital Management raised its position in shares of iShares S&P 500 Growth ETF by 78.4% in the third quarter. Davis Capital Management now owns 412 shares of the company’s stock valued at $39,000 after purchasing an additional 181 shares during the period. Praetorian Wealth Management Inc. boosted its position in iShares S&P 500 Growth ETF by 0.6% during the third quarter. Praetorian Wealth Management Inc. now owns 750,036 shares of the company’s stock valued at $71,816,000 after buying an additional 4,450 shares during the period. Massmutual Trust Co. FSB ADV grew its position in iShares S&P 500 Growth ETF by 20.1% during the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 1,585 shares of the company’s stock worth $152,000 after acquiring an additional 265 shares during the last quarter. Unique Wealth LLC purchased a new stake in shares of iShares S&P 500 Growth ETF during the third quarter valued at approximately $362,000. Finally, Canandaigua National Bank & Trust Co. bought a new position in shares of iShares S&P 500 Growth ETF in the third quarter worth approximately $509,000.

iShares S&P 500 Growth ETF Stock Up 0.9 %

Shares of iShares S&P 500 Growth ETF stock opened at $104.68 on Friday. The firm has a market cap of $54.84 billion, a PE ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a 12-month low of $77.20 and a 12-month high of $107.14. The company’s fifty day simple moving average is $102.93 and its two-hundred day simple moving average is $97.22.

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.