Pin Oak Investment Advisors Inc. Has $79,000 Stock Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Pin Oak Investment Advisors Inc. decreased its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 19.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 829 shares of the company’s stock after selling 200 shares during the quarter. Pin Oak Investment Advisors Inc.’s holdings in iShares S&P 500 Growth ETF were worth $79,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. River Street Advisors LLC boosted its stake in iShares S&P 500 Growth ETF by 17.5% during the 3rd quarter. River Street Advisors LLC now owns 9,981 shares of the company’s stock valued at $956,000 after purchasing an additional 1,483 shares during the last quarter. Foster Victor Wealth Advisors LLC purchased a new position in shares of iShares S&P 500 Growth ETF in the 2nd quarter valued at approximately $226,000. FineMark National Bank & Trust raised its stake in iShares S&P 500 Growth ETF by 4.8% during the second quarter. FineMark National Bank & Trust now owns 71,052 shares of the company’s stock valued at $6,575,000 after buying an additional 3,279 shares during the last quarter. Choreo LLC grew its holdings in shares of iShares S&P 500 Growth ETF by 13.8% in the second quarter. Choreo LLC now owns 506,741 shares of the company’s stock worth $47,239,000 after acquiring an additional 61,420 shares during the period. Finally, Adaptive Financial Consulting LLC lifted its position in shares of iShares S&P 500 Growth ETF by 1.2% in the second quarter. Adaptive Financial Consulting LLC now owns 195,869 shares of the company’s stock valued at $18,126,000 after acquiring an additional 2,383 shares in the last quarter.

iShares S&P 500 Growth ETF Trading Down 0.7 %

Shares of IVW traded down $0.73 during midday trading on Thursday, hitting $99.93. 1,691,121 shares of the company’s stock traded hands, compared to its average volume of 2,863,303. The firm’s fifty day moving average is $97.48 and its 200-day moving average is $93.24. The stock has a market capitalization of $52.35 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a 1 year low of $71.93 and a 1 year high of $101.55.

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.