iShares S&P 500 Growth ETF $IVW Shares Sold by Valmark Advisers Inc.

by · The Markets Daily

Valmark Advisers Inc. lowered its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW – Free Report) by 2.1% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 619,350 shares of the company’s stock after selling 12,967 shares during the period. iShares S&P 500 Growth ETF makes up 1.0% of Valmark Advisers Inc.’s holdings, making the stock its 24th largest position. Valmark Advisers Inc. owned approximately 0.11% of iShares S&P 500 Growth ETF worth $74,768,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Flaharty Asset Management LLC acquired a new stake in iShares S&P 500 Growth ETF in the first quarter worth about $26,000. Davis Capital Management acquired a new position in iShares S&P 500 Growth ETF during the 3rd quarter valued at about $28,000. Darwin Wealth Management LLC bought a new stake in shares of iShares S&P 500 Growth ETF during the 2nd quarter worth about $30,000. Ryan Investment Management Inc. acquired a new stake in shares of iShares S&P 500 Growth ETF in the 2nd quarter worth approximately $36,000. Finally, Financial Consulate Inc. acquired a new stake in shares of iShares S&P 500 Growth ETF in the 3rd quarter worth approximately $41,000.

iShares S&P 500 Growth ETF Price Performance

iShares S&P 500 Growth ETF stock opened at $124.66 on Friday. iShares S&P 500 Growth ETF has a 12-month low of $79.31 and a 12-month high of $126.61. The stock has a market capitalization of $67.34 billion, a PE ratio of 33.33 and a beta of 1.11. The firm has a 50 day simple moving average of $122.93 and a 200-day simple moving average of $118.61.

iShares S&P 500 Growth ETF Profile

(Free Report)

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. The Growth Index is a subset of the S&P 500 and consists of those stocks in the S&P 500 exhibiting the strongest growth characteristics.

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