Centaurus Financial Inc. Trims Holdings in iShares S&P 500 Growth ETF $IVW

Centaurus Financial Inc. reduced its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 53.6% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 35,738 shares of the company’s stock after selling 41,330 shares during the period. Centaurus Financial Inc.’s holdings in iShares S&P 500 Growth ETF were worth $4,042,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Strive Financial Group LLC purchased a new position in shares of iShares S&P 500 Growth ETF during the fourth quarter valued at approximately $26,000. Decker Retirement Planning Inc. acquired a new stake in iShares S&P 500 Growth ETF during the fourth quarter worth approximately $28,000. Financial Network Wealth Advisors LLC grew its stake in 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 worth $28,000 after acquiring an additional 143 shares during the period. Turning Point Benefit Group Inc. purchased a new stake in iShares S&P 500 Growth ETF in the 3rd quarter worth approximately $28,000. Finally, Entrust Financial LLC purchased a new stake in iShares S&P 500 Growth ETF in the 4th quarter worth approximately $33,000.

iShares S&P 500 Growth ETF Stock Performance

Shares of IVW opened at $129.28 on Thursday. The stock has a fifty day moving average of $136.19 and a two-hundred day moving average of $127.59. The company has a market capitalization of $70.57 billion, a PE ratio of 33.33 and a beta of 1.17. iShares S&P 500 Growth ETF has a fifty-two week low of $108.13 and a fifty-two 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.