Sapient Capital LLC Sells 18,464 Shares of iShares S&P 500 Growth ETF $IVW

Sapient Capital LLC decreased its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 24.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 55,941 shares of the company’s stock after selling 18,464 shares during the quarter. Sapient Capital LLC’s holdings in iShares S&P 500 Growth ETF were worth $6,327,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the company. Western Wealth Management LLC increased its stake in iShares S&P 500 Growth ETF by 8.5% in the 1st quarter. Western Wealth Management LLC now owns 235,361 shares of the company’s stock valued at $26,622,000 after buying an additional 18,491 shares during the last quarter. Steelhead Wealth Management LLC bought a new position in shares of iShares S&P 500 Growth ETF in the first quarter valued at approximately $2,016,000. S&A Financial Services Inc. purchased a new stake in shares of iShares S&P 500 Growth ETF during the first quarter valued at approximately $278,000. LFG Wealth Partners LLC purchased a new stake in shares of iShares S&P 500 Growth ETF during the first quarter valued at approximately $204,000. Finally, Curry Webb Wealth Management LLC bought a new stake in iShares S&P 500 Growth ETF during the first quarter worth $1,025,000.

iShares S&P 500 Growth ETF Stock Performance

IVW stock opened at $135.25 on Monday. The stock has a market cap of $73.85 billion, a P/E ratio of 33.33 and a beta of 1.17. The stock’s fifty day simple moving average is $136.10 and its two-hundred day simple moving average is $127.73. iShares S&P 500 Growth ETF has a 1-year low of $108.13 and a 1-year 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.