iShares S&P 500 Growth ETF (NYSEARCA:IVW) Shares Sold by Addison Advisors LLC

Addison Advisors LLC decreased its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 20.0% in the fourth quarter, HoldingsChannel reports. The firm owned 1,536 shares of the company’s stock after selling 385 shares during the quarter. Addison Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $115,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of IVW. Nicolet Advisory Services LLC increased its position in shares of iShares S&P 500 Growth ETF by 2.0% in the third quarter. Nicolet Advisory Services LLC now owns 7,575 shares of the company’s stock valued at $518,000 after buying an additional 152 shares in the last quarter. Gallagher Fiduciary Advisors LLC lifted its stake in shares of iShares S&P 500 Growth ETF by 4.5% in the 3rd quarter. Gallagher Fiduciary Advisors LLC now owns 3,526 shares of the company’s stock valued at $241,000 after purchasing an additional 153 shares during the last quarter. Allen Capital Group LLC lifted its stake in shares of iShares S&P 500 Growth ETF by 4.7% in the 4th quarter. Allen Capital Group LLC now owns 3,421 shares of the company’s stock valued at $257,000 after purchasing an additional 155 shares during the last quarter. Lake Street Financial LLC lifted its stake in iShares S&P 500 Growth ETF by 4.6% during the 3rd quarter. Lake Street Financial LLC now owns 3,710 shares of the company’s stock worth $255,000 after acquiring an additional 163 shares in the last quarter. Finally, Baron Wealth Management LLC lifted its stake in iShares S&P 500 Growth ETF by 0.6% during the 4th quarter. Baron Wealth Management LLC now owns 31,276 shares of the company’s stock worth $2,349,000 after acquiring an additional 173 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Up 1.9 %

NYSEARCA IVW traded up $1.56 during trading hours on Friday, hitting $82.53. 1,811,103 shares of the company were exchanged, compared to its average volume of 3,597,853. The company has a 50 day moving average of $83.03 and a two-hundred day moving average of $77.08. iShares S&P 500 Growth ETF has a 52-week low of $63.19 and a 52-week high of $85.56. The firm has a market cap of $43.10 billion, a price-to-earnings ratio of 27.41 and a beta of 1.12.

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.