Carbahal Olsen Financial Services Group LLC Has $17.17 Million Stock Position in iShares S&P 500 Growth ETF $IVW

Carbahal Olsen Financial Services Group LLC lowered its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 4.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 142,203 shares of the company’s stock after selling 5,909 shares during the period. iShares S&P 500 Growth ETF makes up approximately 13.8% of Carbahal Olsen Financial Services Group LLC’s investment portfolio, making the stock its 3rd biggest position. Carbahal Olsen Financial Services Group LLC’s holdings in iShares S&P 500 Growth ETF were worth $17,167,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in IVW. Davis Capital Management purchased a new stake in iShares S&P 500 Growth ETF during the 3rd quarter valued at $28,000. Darwin Wealth Management LLC bought a new position in iShares S&P 500 Growth ETF during the second quarter valued at $30,000. Howe & Rusling Inc. increased its position in iShares S&P 500 Growth ETF by 484.1% during the third quarter. Howe & Rusling Inc. now owns 257 shares of the company’s stock valued at $31,000 after acquiring an additional 213 shares during the last quarter. Financial Consulate Inc. bought a new stake in shares of iShares S&P 500 Growth ETF in the 3rd quarter worth about $41,000. Finally, Morgan Dempsey Capital Management LLC purchased a new position in shares of iShares S&P 500 Growth ETF during the 2nd quarter worth about $44,000.

iShares S&P 500 Growth ETF Trading Down 1.5%

Shares of NYSEARCA:IVW opened at $118.27 on Friday. iShares S&P 500 Growth ETF has a 12 month low of $79.31 and a 12 month high of $126.61. The company has a market capitalization of $63.49 billion, a price-to-earnings ratio of 33.33 and a beta of 1.11. The firm’s 50-day moving average is $123.53 and its 200 day moving average is $120.33.

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. 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.