iShares S&P 500 Growth ETF (NYSEARCA:IVW) Shares Sold by Modera Wealth Management LLC

Modera Wealth Management LLC decreased its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 2.0% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 762,055 shares of the company’s stock after selling 15,806 shares during the period. iShares S&P 500 Growth ETF comprises approximately 0.9% of Modera Wealth Management LLC’s holdings, making the stock its 28th largest position. Modera Wealth Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $72,967,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in IVW. Inspire Advisors LLC raised its holdings in iShares S&P 500 Growth ETF by 4.4% during the third quarter. Inspire Advisors LLC now owns 2,602 shares of the company’s stock worth $249,000 after purchasing an additional 109 shares in the last quarter. Annex Advisory Services LLC lifted its holdings in shares of iShares S&P 500 Growth ETF by 2.7% in the second quarter. Annex Advisory Services LLC now owns 4,165 shares of the company’s stock valued at $385,000 after buying an additional 110 shares during the period. Massmutual Trust Co. FSB ADV boosted its stake in iShares S&P 500 Growth ETF by 10.0% during the second quarter. Massmutual Trust Co. FSB ADV now owns 1,320 shares of the company’s stock valued at $122,000 after buying an additional 120 shares in the last quarter. Texas Capital Bancshares Inc TX grew its holdings in iShares S&P 500 Growth ETF by 4.1% during the first quarter. Texas Capital Bancshares Inc TX now owns 3,102 shares of the company’s stock worth $262,000 after acquiring an additional 122 shares during the period. Finally, Processus Wealth & Capital Management LLC raised its position in iShares S&P 500 Growth ETF by 1.0% in the second quarter. Processus Wealth & Capital Management LLC now owns 12,423 shares of the company’s stock worth $1,150,000 after acquiring an additional 122 shares in the last quarter.

iShares S&P 500 Growth ETF Trading Up 0.5 %

Shares of NYSEARCA IVW opened at $97.56 on Friday. The firm has a 50-day moving average of $94.36 and a two-hundred day moving average of $90.59. The company has a market capitalization of $51.11 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a twelve month low of $65.53 and a twelve month high of $98.41.

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.