iShares S&P 500 Growth ETF (NYSEARCA:IVW) Shares Sold by SteelPeak Wealth LLC

SteelPeak Wealth LLC cut its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 3.6% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 312,583 shares of the company’s stock after selling 11,576 shares during the period. iShares S&P 500 Growth ETF accounts for 1.3% of SteelPeak Wealth LLC’s holdings, making the stock its 18th biggest position. SteelPeak Wealth LLC’s holdings in iShares S&P 500 Growth ETF were worth $29,930,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the company. CarsonAllaria Wealth Management Ltd. boosted its position 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 buying an additional 125 shares in the last quarter. 1620 Investment Advisors Inc. acquired a new stake in shares of iShares S&P 500 Growth ETF in the second quarter valued at approximately $34,000. Financial Connections Group Inc. acquired a new stake in shares of iShares S&P 500 Growth ETF in the second quarter valued at approximately $35,000. GPS Wealth Strategies Group LLC increased its stake in shares of 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 worth $39,000 after purchasing an additional 199 shares in the last quarter. Finally, Davis Capital Management raised its position in shares of iShares S&P 500 Growth ETF by 78.4% during the 3rd quarter. Davis Capital Management now owns 412 shares of the company’s stock worth $39,000 after purchasing an additional 181 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Performance

IVW stock traded up $0.20 on Wednesday, reaching $98.65. The company had a trading volume of 998,043 shares, compared to its average volume of 2,921,614. The company’s fifty day moving average is $94.54 and its 200 day moving average is $90.83. The company has a market cap of $51.68 billion, a P/E ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a 1 year low of $66.08 and a 1 year high of $98.68.

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.