World Investment Advisors Has $29.12 Million Stock Position in iShares S&P 500 Growth ETF $IVW

World Investment Advisors lowered its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 51.5% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 257,450 shares of the company’s stock after selling 273,458 shares during the period. World Investment Advisors’ holdings in iShares S&P 500 Growth ETF were worth $29,120,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the stock. Strive Financial Group LLC bought a new stake in iShares S&P 500 Growth ETF during the fourth quarter worth $26,000. Decker Retirement Planning Inc. acquired a new stake in iShares S&P 500 Growth ETF in the fourth quarter valued at $28,000. Financial Network Wealth Advisors LLC grew its position in shares of iShares S&P 500 Growth ETF by 174.4% in the 4th quarter. Financial Network Wealth Advisors LLC now owns 225 shares of the company’s stock valued at $28,000 after acquiring an additional 143 shares during the period. Turning Point Benefit Group Inc. bought a new position in shares of iShares S&P 500 Growth ETF in the 3rd quarter valued at about $28,000. Finally, Entrust Financial LLC acquired a new position in shares of iShares S&P 500 Growth ETF during the 4th quarter worth about $33,000.

iShares S&P 500 Growth ETF Stock Performance

Shares of IVW stock opened at $135.41 on Friday. The firm’s 50-day moving average is $135.53 and its 200-day moving average is $126.07. The stock has a market cap of $73.73 billion, a price-to-earnings ratio of 33.33 and a beta of 1.17. iShares S&P 500 Growth ETF has a 52-week low of $108.13 and a 52-week high of $141.98.

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.