Financial Management Network Inc. Sells 1,638 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Financial Management Network Inc. reduced its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 2.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 72,200 shares of the company’s stock after selling 1,638 shares during the period. iShares S&P 500 Growth ETF accounts for approximately 1.5% of Financial Management Network Inc.’s holdings, making the stock its 16th biggest position. Financial Management Network Inc.’s holdings in iShares S&P 500 Growth ETF were worth $7,456,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the company. Semus Wealth Partners LLC boosted its holdings in shares of iShares S&P 500 Growth ETF by 8.4% during the 4th quarter. Semus Wealth Partners LLC now owns 10,765 shares of the company’s stock worth $1,093,000 after buying an additional 836 shares during the period. Bank of Jackson Hole Trust bought a new stake in shares of iShares S&P 500 Growth ETF during the 4th quarter worth $2,661,000. Proactive Wealth Strategies LLC boosted its holdings in shares of iShares S&P 500 Growth ETF by 6.3% during the 4th quarter. Proactive Wealth Strategies LLC now owns 9,272 shares of the company’s stock worth $941,000 after buying an additional 547 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors boosted its holdings in iShares S&P 500 Growth ETF by 7.7% in the 4th quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 23,074 shares of the company’s stock valued at $2,343,000 after purchasing an additional 1,657 shares during the period. Finally, Kestra Investment Management LLC boosted its holdings in iShares S&P 500 Growth ETF by 21.5% in the 4th quarter. Kestra Investment Management LLC now owns 3,832 shares of the company’s stock valued at $389,000 after purchasing an additional 678 shares during the period.

iShares S&P 500 Growth ETF Price Performance

Shares of iShares S&P 500 Growth ETF stock opened at $106.66 on Wednesday. iShares S&P 500 Growth ETF has a fifty-two week low of $79.07 and a fifty-two week high of $107.14. The firm has a fifty day moving average price of $103.98 and a two-hundred day moving average price of $98.61. The company has a market cap of $59.52 billion, a PE ratio of 33.87 and a beta of 1.07.

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.