Financial Life Advisors Reduces Stock Holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Financial Life Advisors trimmed its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 8.6% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 361,943 shares of the company’s stock after selling 34,025 shares during the period. iShares S&P 500 Growth ETF comprises 13.6% of Financial Life Advisors’ investment portfolio, making the stock its biggest position. Financial Life Advisors owned approximately 0.07% of iShares S&P 500 Growth ETF worth $33,494,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Aveo Capital Partners LLC boosted its holdings in shares of iShares S&P 500 Growth ETF by 13.4% in the 4th quarter. Aveo Capital Partners LLC now owns 6,602 shares of the company’s stock worth $496,000 after buying an additional 779 shares during the last quarter. 9258 Wealth Management LLC lifted its stake in iShares S&P 500 Growth ETF by 1.3% in the fourth quarter. 9258 Wealth Management LLC now owns 15,322 shares of the company’s stock valued at $1,151,000 after purchasing an additional 198 shares during the last quarter. Coldstream Capital Management Inc. grew its holdings in iShares S&P 500 Growth ETF by 4.0% during the fourth quarter. Coldstream Capital Management Inc. now owns 90,833 shares of the company’s stock valued at $6,822,000 after purchasing an additional 3,510 shares during the period. Balentine LLC increased its position in iShares S&P 500 Growth ETF by 28.4% in the fourth quarter. Balentine LLC now owns 2,026 shares of the company’s stock worth $152,000 after buying an additional 448 shares during the last quarter. Finally, Sachetta LLC bought a new stake in shares of iShares S&P 500 Growth ETF in the fourth quarter valued at $404,000.

iShares S&P 500 Growth ETF Stock Performance

IVW stock opened at $93.40 on Monday. The stock has a fifty day moving average of $91.64 and a 200-day moving average of $88.10. iShares S&P 500 Growth ETF has a fifty-two week low of $65.53 and a fifty-two week high of $97.22. The company has a market capitalization of $48.93 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14.

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.