Sigma Planning Corp Sells 58,690 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Sigma Planning Corp reduced its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 10.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 506,713 shares of the company’s stock after selling 58,690 shares during the quarter. iShares S&P 500 Growth ETF accounts for 1.5% of Sigma Planning Corp’s holdings, making the stock its 9th biggest position. Sigma Planning Corp’s holdings in iShares S&P 500 Growth ETF were worth $48,518,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. 1620 Investment Advisors Inc. bought a new position in shares of iShares S&P 500 Growth ETF in the second 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 worth $35,000. Davis Capital Management raised its position in shares of 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 purchasing an additional 181 shares during the period. GPS Wealth Strategies Group LLC lifted its holdings in shares of iShares S&P 500 Growth ETF by 91.3% during the second 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 boosted its position in shares of iShares S&P 500 Growth ETF by 56.1% in the 2nd quarter. Avondale Wealth Management now owns 434 shares of the company’s stock valued at $40,000 after purchasing an additional 156 shares during the period.

iShares S&P 500 Growth ETF Trading Up 0.3 %

Shares of IVW opened at $101.14 on Friday. iShares S&P 500 Growth ETF has a 1-year low of $69.67 and a 1-year high of $101.36. The stock has a market capitalization of $52.99 billion, a P/E ratio of 28.52 and a beta of 1.14. The business’s 50-day moving average price is $95.27 and its 200 day moving average price is $91.62.

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.