iShares S&P 500 Growth ETF $IVW Shares Sold by Silicon Valley Capital Partners

Silicon Valley Capital Partners trimmed its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 2.3% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 265,605 shares of the company’s stock after selling 6,117 shares during the period. iShares S&P 500 Growth ETF comprises about 3.3% of Silicon Valley Capital Partners’ investment portfolio, making the stock its 13th largest position. Silicon Valley Capital Partners’ holdings in iShares S&P 500 Growth ETF were worth $36,529,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. Financial Network Wealth Advisors LLC raised its position in shares of 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 valued at $28,000 after buying an additional 143 shares during the last quarter. First Pacific Financial acquired a new stake in iShares S&P 500 Growth ETF during the second quarter worth approximately $34,000. Thurston Springer Miller Herd & Titak Inc. boosted its position in iShares S&P 500 Growth ETF by 1,071.4% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 246 shares of the company’s stock worth $34,000 after acquiring an additional 225 shares during the last quarter. Measured Wealth Private Client Group LLC acquired a new stake in iShares S&P 500 Growth ETF during the first quarter worth approximately $34,000. Finally, Hurley Capital LLC purchased a new stake in iShares S&P 500 Growth ETF in the 4th quarter worth approximately $45,000.

iShares S&P 500 Growth ETF Price Performance

IVW traded up $3.24 during trading on Monday, hitting $143.37. The company’s stock had a trading volume of 1,418,231 shares, compared to its average volume of 3,146,581. The firm’s 50 day moving average price is $138.27 and its 200-day moving average price is $132.15. The stock has a market cap of $78.27 billion, a PE ratio of 33.33 and a beta of 1.17. iShares S&P 500 Growth ETF has a twelve month low of $108.13 and a twelve month high of $143.68.

iShares S&P 500 Growth ETF 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.