196,837 iShares S&P 500 Growth ETF $IVW Shares Sold by Orange Investment Advisors Inc.
by Michael Walen · The Markets DailyOrange Investment Advisors Inc. decreased its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW – Free Report) by 99.0% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 2,050 shares of the company’s stock after selling 196,837 shares during the quarter. Orange Investment Advisors Inc.’s holdings in iShares S&P 500 Growth ETF were worth $292,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors have also recently bought and sold shares of IVW. Decker Wealth Management LLC purchased a new position in iShares S&P 500 Growth ETF during the 1st quarter worth approximately $2,991,000. Sterling Investment Counsel LLC raised its stake in iShares S&P 500 Growth ETF by 1.7% during the 2nd quarter. Sterling Investment Counsel LLC now owns 287,866 shares of the company’s stock valued at $39,590,000 after purchasing an additional 4,694 shares during the period. Nwam LLC raised its stake in iShares S&P 500 Growth ETF by 23.1% during the 2nd quarter. Nwam LLC now owns 47,402 shares of the company’s stock valued at $6,519,000 after purchasing an additional 8,902 shares during the period. Financial & Tax Architects LLC acquired a new stake in iShares S&P 500 Growth ETF during the 2nd quarter valued at $5,702,000. Finally, Arcadia Wealth Management LLC lifted its holdings in shares of iShares S&P 500 Growth ETF by 68.2% in the second quarter. Arcadia Wealth Management LLC now owns 19,508 shares of the company’s stock valued at $2,683,000 after purchasing an additional 7,908 shares in the last quarter.
iShares S&P 500 Growth ETF Price Performance
IVW opened at $136.48 on Monday. The firm has a market capitalization of $75.44 billion, a P/E ratio of 33.33 and a beta of 1.17. The stock has a fifty day moving average of $140.85 and a 200-day moving average of $136.79. iShares S&P 500 Growth ETF has a 12-month low of $108.13 and a 12-month high of $146.83.
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. 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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