Ellis Investment Partners LLC Cuts Stock Holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Ellis Investment Partners LLC lowered its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 76,354 shares of the company’s stock after selling 847 shares during the period. iShares S&P 500 Growth ETF makes up approximately 1.5% of Ellis Investment Partners LLC’s portfolio, making the stock its 16th biggest holding. Ellis Investment Partners LLC’s holdings in iShares S&P 500 Growth ETF were worth $7,752,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of IVW. Hantz Financial Services Inc. purchased a new position in shares of iShares S&P 500 Growth ETF in the 4th quarter valued at $40,000. Compass Financial Services Inc purchased a new position in shares of iShares S&P 500 Growth ETF in the 4th quarter valued at $40,000. POM Investment Strategies LLC raised its stake in shares of iShares S&P 500 Growth ETF by 194.8% in the 4th quarter. POM Investment Strategies LLC now owns 457 shares of the company’s stock valued at $46,000 after acquiring an additional 302 shares during the period. Element Wealth LLC raised its stake in shares of iShares S&P 500 Growth ETF by 31.1% in the 3rd quarter. Element Wealth LLC now owns 577 shares of the company’s stock valued at $55,000 after acquiring an additional 137 shares during the period. Finally, Valued Wealth Advisors LLC lifted its holdings in iShares S&P 500 Growth ETF by 160.2% in the 3rd quarter. Valued Wealth Advisors LLC now owns 601 shares of the company’s stock worth $58,000 after buying an additional 370 shares in the last quarter.

iShares S&P 500 Growth ETF Price Performance

Shares of IVW stock opened at $106.63 on Friday. iShares S&P 500 Growth ETF has a 12 month low of $79.07 and a 12 month high of $107.14. The firm has a market capitalization of $55.86 billion, a P/E ratio of 28.52 and a beta of 1.14. The company’s fifty day moving average price is $103.85 and its two-hundred day moving average price is $98.24.

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.