iShares S&P 500 Growth ETF (NYSEARCA:IVW) Shares Sold by GHP Investment Advisors Inc.

GHP Investment Advisors Inc. cut its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 2.4% during the third quarter, HoldingsChannel.com reports. The firm owned 241,047 shares of the company’s stock after selling 5,925 shares during the quarter. iShares S&P 500 Growth ETF makes up 1.1% of GHP Investment Advisors Inc.’s portfolio, making the stock its 10th biggest position. GHP Investment Advisors Inc.’s holdings in iShares S&P 500 Growth ETF were worth $23,080,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of IVW. CarsonAllaria Wealth Management Ltd. lifted its holdings in iShares S&P 500 Growth ETF by 45.5% in the first quarter. CarsonAllaria Wealth Management Ltd. now owns 400 shares of the company’s stock valued at $34,000 after buying an additional 125 shares during the period. 1620 Investment Advisors Inc. bought a new stake in shares of iShares S&P 500 Growth ETF during the 2nd quarter valued at $34,000. Financial Connections Group Inc. acquired a new position in shares of iShares S&P 500 Growth ETF in the 2nd quarter valued at $35,000. GPS Wealth Strategies Group LLC lifted its stake in shares of iShares S&P 500 Growth ETF by 91.3% in 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 period. Finally, Davis Capital Management boosted its holdings in iShares S&P 500 Growth ETF by 78.4% during the third quarter. Davis Capital Management now owns 412 shares of the company’s stock worth $39,000 after buying an additional 181 shares during the last quarter.

iShares S&P 500 Growth ETF Trading Up 0.5 %

Shares of IVW stock traded up $0.49 on Friday, reaching $97.56. The company had a trading volume of 3,090,376 shares, compared to its average volume of 2,947,104. The company has a 50-day moving average of $94.36 and a 200-day moving average of $90.54. iShares S&P 500 Growth ETF has a 12 month low of $65.53 and a 12 month high of $98.41. The stock has a market cap of $51.11 billion, a PE ratio of 28.52 and a beta of 1.14.

iShares S&P 500 Growth ETF 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.