Higgins & Schmidt Wealth Strategies LLC Reduces Position in iShares S&P 500 Growth ETF $IVW

Higgins & Schmidt Wealth Strategies LLC reduced its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 10.6% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 59,697 shares of the company’s stock after selling 7,074 shares during the quarter. iShares S&P 500 Growth ETF comprises about 3.1% of Higgins & Schmidt Wealth Strategies LLC’s portfolio, making the stock its 10th biggest position. Higgins & Schmidt Wealth Strategies LLC’s holdings in iShares S&P 500 Growth ETF were worth $6,752,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Strive Financial Group LLC bought a new position in shares of iShares S&P 500 Growth ETF during the 4th quarter worth $26,000. Decker Retirement Planning Inc. bought a new stake in shares of iShares S&P 500 Growth ETF in the fourth quarter valued at about $28,000. Financial Network Wealth Advisors LLC lifted its stake in iShares S&P 500 Growth ETF by 174.4% in the fourth 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 third quarter worth about $28,000. Finally, Darwin Wealth Management LLC bought a new position in iShares S&P 500 Growth ETF during the 2nd quarter worth about $30,000.

iShares S&P 500 Growth ETF Stock Performance

NYSEARCA IVW opened at $133.36 on Thursday. The company has a market capitalization of $72.27 billion, a price-to-earnings ratio of 33.33 and a beta of 1.17. The company’s 50-day simple moving average is $134.38 and its two-hundred day simple moving average is $125.53. iShares S&P 500 Growth ETF has a one year low of $107.57 and a one year 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.