iShares S&P 500 Growth ETF (NYSEARCA:IVW) Stake Lessened by Beacon Capital Management LLC

Beacon Capital Management LLC lessened its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 2.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 34,857 shares of the company’s stock after selling 877 shares during the period. iShares S&P 500 Growth ETF comprises about 0.5% of Beacon Capital Management LLC’s investment portfolio, making the stock its 22nd largest position. Beacon Capital Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $3,539,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Montag A & Associates Inc. increased its stake in shares of iShares S&P 500 Growth ETF by 2.5% in the fourth quarter. Montag A & Associates Inc. now owns 9,053 shares of the company’s stock worth $919,000 after buying an additional 218 shares during the last quarter. Roxbury Financial LLC bought a new stake in iShares S&P 500 Growth ETF during the fourth quarter valued at $105,000. Center for Financial Planning Inc. increased its stake in iShares S&P 500 Growth ETF by 61.9% during the fourth quarter. Center for Financial Planning Inc. now owns 1,318 shares of the company’s stock valued at $134,000 after purchasing an additional 504 shares during the last quarter. PUREfi Wealth LLC bought a new stake in iShares S&P 500 Growth ETF during the fourth quarter valued at $445,000. Finally, Quadrant Private Wealth Management LLC increased its stake in iShares S&P 500 Growth ETF by 6.5% during the fourth quarter. Quadrant Private Wealth Management LLC now owns 69,738 shares of the company’s stock valued at $7,080,000 after purchasing an additional 4,264 shares during the last quarter.

iShares S&P 500 Growth ETF Price Performance

IVW stock opened at $106.63 on Friday. iShares S&P 500 Growth ETF has a 1-year low of $79.07 and a 1-year high of $107.14. The firm has a fifty day moving average price of $103.85 and a two-hundred day moving average price of $98.24. The firm has a market cap of $55.86 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14.

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.