Waverly Advisors LLC Decreases Position in iShares S&P 500 Growth ETF $IVW

Waverly Advisors LLC lessened its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 58.4% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 203,024 shares of the company’s stock after selling 284,778 shares during the period. Waverly Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $22,964,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Decker Wealth Management LLC purchased a new stake in shares of iShares S&P 500 Growth ETF during the first quarter valued at $2,991,000. Brookstone Capital Management increased its holdings in iShares S&P 500 Growth ETF by 5.7% in the 4th quarter. Brookstone Capital Management now owns 237,167 shares of the company’s stock worth $29,233,000 after buying an additional 12,778 shares in the last quarter. Chatterton & Associates Inc. increased its holdings in iShares S&P 500 Growth ETF by 33.5% in the 1st quarter. Chatterton & Associates Inc. now owns 44,180 shares of the company’s stock worth $5,306,000 after buying an additional 11,089 shares in the last quarter. Silver Oak Securities Incorporated raised its position in iShares S&P 500 Growth ETF by 270.9% in the 4th quarter. Silver Oak Securities Incorporated now owns 49,336 shares of the company’s stock worth $6,126,000 after buying an additional 36,033 shares during the last quarter. Finally, Summit Financial Consulting LLC lifted its stake in iShares S&P 500 Growth ETF by 9.4% during the 4th quarter. Summit Financial Consulting LLC now owns 60,751 shares of the company’s stock valued at $7,488,000 after acquiring an additional 5,199 shares during the period.

iShares S&P 500 Growth ETF Stock Down 0.6%

Shares of NYSEARCA IVW opened at $132.83 on Friday. The firm’s 50-day moving average price is $136.45 and its 200-day moving average price is $127.42. The company has a market cap of $72.44 billion, a PE 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.

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.