Petix & Botte Co Trims Stock Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Petix & Botte Co cut its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 11.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,548 shares of the company’s stock after selling 820 shares during the period. Petix & Botte Co’s holdings in iShares S&P 500 Growth ETF were worth $492,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of IVW. Financial Connections Group Inc. purchased a new position in iShares S&P 500 Growth ETF during the fourth quarter worth about $28,000. Goodwin Investment Advisory purchased a new position in iShares S&P 500 Growth ETF during the fourth quarter worth about $29,000. Life Planning Partners Inc purchased a new position in iShares S&P 500 Growth ETF during the fourth quarter worth about $32,000. Howe & Rusling Inc. raised its stake in iShares S&P 500 Growth ETF by 1,137.2% during the third quarter. Howe & Rusling Inc. now owns 532 shares of the company’s stock worth $36,000 after purchasing an additional 489 shares during the period. Finally, Capital Investment Counsel Inc purchased a new position in iShares S&P 500 Growth ETF during the third quarter worth about $42,000.

iShares S&P 500 Growth ETF Trading Up 1.4 %

IVW stock traded up $1.16 during trading on Monday, reaching $84.53. 1,471,932 shares of the stock were exchanged, compared to its average volume of 3,486,236. The business has a 50 day moving average price of $83.14 and a 200-day moving average price of $77.66. The firm has a market capitalization of $44.14 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.

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.