LongView Wealth Management Sells 2,835 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

LongView Wealth Management cut its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 23.7% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 9,151 shares of the company’s stock after selling 2,835 shares during the period. LongView Wealth Management’s holdings in iShares S&P 500 Growth ETF were worth $773,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IVW. Financial Connections Group Inc. bought a new stake in iShares S&P 500 Growth ETF during the fourth quarter worth $28,000. Goodwin Investment Advisory bought a new stake in iShares S&P 500 Growth ETF during the fourth quarter worth $29,000. Life Planning Partners Inc bought a new stake in iShares S&P 500 Growth ETF during the fourth quarter worth $32,000. Northwest Financial Advisors bought a new stake in iShares S&P 500 Growth ETF during the fourth quarter worth $38,000. Finally, Ruedi Wealth Management Inc. lifted its stake in iShares S&P 500 Growth ETF by 1,361.4% during the fourth quarter. Ruedi Wealth Management Inc. now owns 643 shares of the company’s stock worth $48,000 after purchasing an additional 599 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Performance

Shares of IVW traded down $0.71 during trading hours on Friday, reaching $92.54. The stock had a trading volume of 1,908,043 shares, compared to its average volume of 3,389,791. iShares S&P 500 Growth ETF has a 12 month low of $65.53 and a 12 month high of $94.17. The stock has a market capitalization of $48.48 billion, a PE ratio of 28.52 and a beta of 1.14. The company’s 50-day moving average is $87.28 and its two-hundred day moving average is $82.48.

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.