Evolution Wealth Advisors LLC Trims Stock Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Evolution Wealth Advisors LLC cut its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 48.9% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 8,055 shares of the company’s stock after selling 7,700 shares during the period. Evolution Wealth Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $818,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Vanguard Personalized Indexing Management LLC raised its stake in shares of iShares S&P 500 Growth ETF by 41.2% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 6,410 shares of the company’s stock worth $593,000 after buying an additional 1,869 shares in the last quarter. Summit Trail Advisors LLC purchased a new position in shares of iShares S&P 500 Growth ETF during the 2nd quarter worth approximately $281,000. Insigneo Advisory Services LLC purchased a new position in shares of iShares S&P 500 Growth ETF during the 2nd quarter worth approximately $329,000. Wescott Financial Advisory Group LLC raised its stake in shares of iShares S&P 500 Growth ETF by 20.2% during the 2nd quarter. Wescott Financial Advisory Group LLC now owns 69,552 shares of the company’s stock worth $6,436,000 after buying an additional 11,691 shares in the last quarter. Finally, Wick Capital Partners LLC purchased a new position in shares of iShares S&P 500 Growth ETF during the 2nd quarter worth approximately $432,000.

iShares S&P 500 Growth ETF Trading Up 1.2 %

Shares of IVW stock opened at $106.14 on Thursday. The company has a market cap of $55.61 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. The stock has a 50 day simple moving average of $102.29 and a 200-day simple moving average of $96.85. iShares S&P 500 Growth ETF has a 12-month low of $77.20 and a 12-month high of $106.50.

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.