Bryn Mawr Capital Management LLC Sells 4,019 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Bryn Mawr Capital Management LLC lessened its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 7.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 52,757 shares of the company’s stock after selling 4,019 shares during the quarter. Bryn Mawr Capital Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $4,882,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the business. 1620 Investment Advisors Inc. acquired a new position in iShares S&P 500 Growth ETF in the second quarter worth about $34,000. Financial Connections Group Inc. acquired a new position in iShares S&P 500 Growth ETF during the second quarter worth $35,000. CarsonAllaria Wealth Management Ltd. grew its holdings in shares of iShares S&P 500 Growth ETF by 45.5% in the 1st quarter. CarsonAllaria Wealth Management Ltd. now owns 400 shares of the company’s stock worth $34,000 after purchasing an additional 125 shares during the last quarter. GPS Wealth Strategies Group LLC lifted its holdings in iShares S&P 500 Growth ETF by 91.3% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 417 shares of the company’s stock valued at $39,000 after purchasing an additional 199 shares during the last quarter. Finally, Avondale Wealth Management raised its stake in shares of iShares S&P 500 Growth ETF by 56.1% in the second quarter. Avondale Wealth Management now owns 434 shares of the company’s stock valued at $40,000 after acquiring an additional 156 shares during the last quarter.

iShares S&P 500 Growth ETF Trading Up 1.1 %

Shares of iShares S&P 500 Growth ETF stock traded up $0.98 during midday trading on Friday, reaching $93.26. The company had a trading volume of 2,539,027 shares, compared to its average volume of 3,147,192. The stock has a fifty day simple moving average of $92.14 and a 200 day simple moving average of $87.27. The company has a market capitalization of $48.86 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a 1-year low of $65.53 and a 1-year high of $97.22.

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.