Processus Wealth & Capital Management LLC lessened its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW – Free Report) by 3.7% in the third quarter, HoldingsChannel reports. The firm owned 11,964 shares of the company’s stock after selling 459 shares during the period. Processus Wealth & Capital Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $1,146,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds have also added to or reduced their stakes in IVW. 1620 Investment Advisors Inc. bought a new stake in shares of iShares S&P 500 Growth ETF in the second quarter worth $34,000. Financial Connections Group Inc. bought a new stake in shares of iShares S&P 500 Growth ETF during the 2nd quarter valued at about $35,000. CarsonAllaria Wealth Management Ltd. grew its position in 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 buying an additional 125 shares during the period. Davis Capital Management increased its holdings in iShares S&P 500 Growth ETF by 78.4% during the third quarter. Davis Capital Management now owns 412 shares of the company’s stock valued at $39,000 after buying an additional 181 shares during the last quarter. Finally, GPS Wealth Strategies Group LLC boosted its stake in shares of iShares S&P 500 Growth ETF by 91.3% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 417 shares of the company’s stock worth $39,000 after acquiring an additional 199 shares during the last quarter.
iShares S&P 500 Growth ETF Stock Performance
Shares of iShares S&P 500 Growth ETF stock opened at $101.14 on Friday. The stock has a market cap of $52.99 billion, a P/E ratio of 28.52 and a beta of 1.14. The stock’s fifty day moving average is $95.27 and its 200 day moving average is $91.62. iShares S&P 500 Growth ETF has a one year low of $69.67 and a one year high of $101.36.
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.
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Want to see what other hedge funds are holding IVW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares S&P 500 Growth ETF (NYSEARCA:IVW – Free Report).
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