Wealthspire Advisors LLC Decreases Stock Holdings in iShares S&P 500 Growth ETF $IVW

Wealthspire Advisors LLC lowered its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 61.5% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 107,166 shares of the company’s stock after selling 171,050 shares during the quarter. Wealthspire Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $13,209,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in IVW. United Bank increased its position in shares of iShares S&P 500 Growth ETF by 4.6% during the 2nd quarter. United Bank now owns 52,096 shares of the company’s stock valued at $5,736,000 after purchasing an additional 2,280 shares during the last quarter. Schnieders Capital Management LLC. purchased a new stake in shares of iShares S&P 500 Growth ETF during the 2nd quarter valued at about $600,000. Russell Investments Group Ltd. increased its position in shares of iShares S&P 500 Growth ETF by 13.4% during the 2nd quarter. Russell Investments Group Ltd. now owns 5,992 shares of the company’s stock valued at $660,000 after purchasing an additional 707 shares during the last quarter. First Trust Advisors LP increased its position in shares of iShares S&P 500 Growth ETF by 15.4% during the 2nd quarter. First Trust Advisors LP now owns 31,834 shares of the company’s stock valued at $3,505,000 after purchasing an additional 4,238 shares during the last quarter. Finally, Flow Traders U.S. LLC purchased a new stake in shares of iShares S&P 500 Growth ETF during the 2nd quarter valued at about $244,000.

iShares S&P 500 Growth ETF Stock Up 0.4%

NYSEARCA IVW opened at $135.00 on Friday. iShares S&P 500 Growth ETF has a 52 week low of $104.21 and a 52 week high of $141.98. The firm has a market capitalization of $73.16 billion, a P/E ratio of 33.33 and a beta of 1.17. The company has a 50-day moving average price of $131.40 and a 200-day moving average price of $124.77.

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.