iShares S&P 500 Growth ETF (NYSEARCA:IVW) Shares Sold by Sovereign Financial Group Inc.

Sovereign Financial Group Inc. lessened its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 9.5% during the fourth quarter, HoldingsChannel reports. The fund owned 4,823 shares of the company’s stock after selling 508 shares during the period. Sovereign Financial Group Inc.’s holdings in iShares S&P 500 Growth ETF were worth $362,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the business. Financial Connections Group Inc. purchased a new position in shares of iShares S&P 500 Growth ETF in the 4th quarter valued at about $28,000. Goodwin Investment Advisory acquired a new stake in shares of iShares S&P 500 Growth ETF during the 4th quarter valued at approximately $29,000. Life Planning Partners Inc purchased a new stake in shares of iShares S&P 500 Growth ETF during the 4th quarter worth approximately $32,000. Howe & Rusling Inc. grew its holdings in shares of iShares S&P 500 Growth ETF by 1,137.2% in the 3rd quarter. Howe & Rusling Inc. now owns 532 shares of the company’s stock worth $36,000 after acquiring an additional 489 shares during the period. Finally, Capital Investment Counsel Inc acquired a new position in iShares S&P 500 Growth ETF during the third quarter worth $42,000.

iShares S&P 500 Growth ETF Price Performance

iShares S&P 500 Growth ETF stock traded down $0.05 during trading hours on Tuesday, hitting $84.48. The stock had a trading volume of 1,833,175 shares, compared to its average volume of 3,467,452. The stock has a market capitalization of $44.12 billion, a price-to-earnings ratio of 27.41 and a beta of 1.12. iShares S&P 500 Growth ETF has a 1-year low of $64.24 and a 1-year high of $85.56. The stock’s fifty day moving average is $83.18 and its two-hundred day moving average is $77.77.

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.