Sharp Financial Services LLC Trims Holdings in iShares S&P 500 Growth ETF $IVW

Sharp Financial Services LLC reduced its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 75.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 55,347 shares of the company’s stock after selling 172,876 shares during the period. iShares S&P 500 Growth ETF accounts for about 3.6% of Sharp Financial Services LLC’s investment portfolio, making the stock its 12th largest position. Sharp Financial Services LLC’s holdings in iShares S&P 500 Growth ETF were worth $6,681,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Optima Capital LLC acquired a new stake in iShares S&P 500 Growth ETF during the third quarter worth approximately $210,000. Ashton Thomas Securities LLC purchased a new position in shares of iShares S&P 500 Growth ETF during the 3rd quarter worth $6,463,000. LVZ Inc. lifted its stake in shares of iShares S&P 500 Growth ETF by 19.5% during the 3rd quarter. LVZ Inc. now owns 1,026,958 shares of the company’s stock worth $123,974,000 after purchasing an additional 167,223 shares during the period. Global Wealth Management Investment Advisory Inc. boosted its holdings in shares of iShares S&P 500 Growth ETF by 13.2% during the third quarter. Global Wealth Management Investment Advisory Inc. now owns 2,967 shares of the company’s stock worth $358,000 after purchasing an additional 345 shares during the last quarter. Finally, WealthPlan Investment Management LLC grew its position in shares of iShares S&P 500 Growth ETF by 0.6% in the third quarter. WealthPlan Investment Management LLC now owns 30,059 shares of the company’s stock valued at $3,629,000 after purchasing an additional 184 shares during the period.

iShares S&P 500 Growth ETF Trading Down 1.2%

iShares S&P 500 Growth ETF stock opened at $123.41 on Thursday. The stock has a fifty day moving average price of $122.95 and a 200 day moving average price of $119.01. iShares S&P 500 Growth ETF has a 52 week low of $79.31 and a 52 week high of $126.61. The firm has a market capitalization of $66.60 billion, a P/E ratio of 33.33 and a beta of 1.11.

iShares S&P 500 Growth ETF Company 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. The Growth Index is a subset of the S&P 500 and consists of those stocks in the S&P 500 exhibiting the strongest growth characteristics.