Sigma Planning Corp Lowers Holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Sigma Planning Corp lowered its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 7.2% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 470,456 shares of the company’s stock after selling 36,257 shares during the quarter. iShares S&P 500 Growth ETF makes up approximately 1.5% of Sigma Planning Corp’s holdings, making the stock its 9th biggest position. Sigma Planning Corp’s holdings in iShares S&P 500 Growth ETF were worth $47,765,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Strategic Financial Concepts LLC grew its stake in iShares S&P 500 Growth ETF by 10,066.9% in the fourth quarter. Strategic Financial Concepts LLC now owns 425,892 shares of the company’s stock valued at $479,000 after purchasing an additional 421,703 shares during the last quarter. Advyzon Investment Management LLC purchased a new stake in shares of iShares S&P 500 Growth ETF during the fourth quarter worth approximately $420,000. River Street Advisors LLC lifted its stake in shares of iShares S&P 500 Growth ETF by 17.5% in 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. Encompass Wealth Advisors LLC lifted its stake in iShares S&P 500 Growth ETF by 2.0% during the 4th quarter. Encompass Wealth Advisors LLC now owns 367,564 shares of the company’s stock worth $37,319,000 after acquiring an additional 7,349 shares in the last quarter. Finally, Perigon Wealth Management LLC increased its holdings in iShares S&P 500 Growth ETF by 3.9% during the 4th quarter. Perigon Wealth Management LLC now owns 104,980 shares of the company’s stock worth $10,760,000 after purchasing an additional 3,942 shares during the period.

iShares S&P 500 Growth ETF Stock Down 2.4 %

NYSEARCA:IVW opened at $103.43 on Friday. iShares S&P 500 Growth ETF has a 52-week low of $79.07 and a 52-week high of $107.14. The stock’s 50 day moving average price is $104.04 and its 200 day moving average price is $98.85. The company has a market capitalization of $57.71 billion, a PE ratio of 33.87 and a beta of 1.07.

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.