iShares S&P 500 Growth ETF (NYSEARCA:IVW) is Detalus Advisors LLC’s 2nd Largest Position

Detalus Advisors LLC reduced its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 6.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 241,301 shares of the company’s stock after selling 16,796 shares during the period. iShares S&P 500 Growth ETF makes up 7.7% of Detalus Advisors LLC’s portfolio, making the stock its 2nd biggest position. Detalus Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $23,105,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. CarsonAllaria Wealth Management Ltd. increased its position in shares of iShares S&P 500 Growth ETF by 45.5% during the first quarter. CarsonAllaria Wealth Management Ltd. now owns 400 shares of the company’s stock valued at $34,000 after acquiring an additional 125 shares in the last quarter. 1620 Investment Advisors Inc. bought a new position in iShares S&P 500 Growth ETF in the 2nd quarter valued at approximately $34,000. Financial Connections Group Inc. purchased a new stake in iShares S&P 500 Growth ETF during the 2nd quarter valued at $35,000. GPS Wealth Strategies Group LLC increased its holdings in shares of iShares S&P 500 Growth ETF by 91.3% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 417 shares of the company’s stock worth $39,000 after purchasing an additional 199 shares in the last quarter. Finally, Davis Capital Management increased its holdings in shares of iShares S&P 500 Growth ETF by 78.4% in the 3rd quarter. Davis Capital Management now owns 412 shares of the company’s stock worth $39,000 after purchasing an additional 181 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Performance

Shares of NYSEARCA:IVW traded down $1.10 during midday trading on Wednesday, reaching $96.90. 632,778 shares of the company’s stock traded hands, compared to its average volume of 2,939,392. iShares S&P 500 Growth ETF has a one year low of $65.53 and a one year high of $98.27. The company has a market cap of $50.77 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. The stock has a 50 day moving average of $94.06 and a 200 day moving average of $90.36.

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.