Guidance Point Advisors LLC Has $14.32 Million Stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Guidance Point Advisors LLC lessened its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 190,559 shares of the company’s stock after selling 2,444 shares during the quarter. iShares S&P 500 Growth ETF makes up 5.3% of Guidance Point Advisors LLC’s portfolio, making the stock its 4th biggest position. Guidance Point Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $14,315,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Financial Connections Group Inc. purchased a new stake in iShares S&P 500 Growth ETF in the fourth quarter worth $28,000. Russell Investments Group Ltd. purchased a new stake in iShares S&P 500 Growth ETF in the second quarter worth $30,000. Life Planning Partners Inc purchased a new stake in iShares S&P 500 Growth ETF in the fourth quarter worth $32,000. Howe & Rusling Inc. grew its stake in iShares S&P 500 Growth ETF by 1,137.2% in the third quarter. Howe & Rusling Inc. now owns 532 shares of the company’s stock worth $36,000 after purchasing an additional 489 shares during the period. Finally, Chilton Capital Management LLC purchased a new stake in iShares S&P 500 Growth ETF in the first quarter worth $37,000.

iShares S&P 500 Growth ETF Price Performance

IVW stock traded up $0.02 during midday trading on Wednesday, hitting $82.41. The stock had a trading volume of 290,386 shares, compared to its average volume of 3,694,382. The firm has a market cap of $43.24 billion, a price-to-earnings ratio of 28.34 and a beta of 1.10. The business has a 50-day moving average of $83.07 and a two-hundred day moving average of $76.45. iShares S&P 500 Growth ETF has a 52-week low of $63.10 and a 52-week high of $85.56.

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.