Asset Allocation Strategies LLC Decreases Holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Asset Allocation Strategies LLC lowered its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 25.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 77,568 shares of the company’s stock after selling 26,872 shares during the period. iShares S&P 500 Growth ETF makes up approximately 2.1% of Asset Allocation Strategies LLC’s investment portfolio, making the stock its 17th biggest position. Asset Allocation Strategies LLC’s holdings in iShares S&P 500 Growth ETF were worth $7,427,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the stock. Boston Family Office LLC boosted its stake in iShares S&P 500 Growth ETF by 0.4% in the third quarter. Boston Family Office LLC now owns 26,064 shares of the company’s stock valued at $2,496,000 after acquiring an additional 105 shares in the last quarter. Inspire Advisors LLC lifted its holdings in shares of iShares S&P 500 Growth ETF by 4.4% during the 3rd quarter. Inspire Advisors LLC now owns 2,602 shares of the company’s stock valued at $249,000 after purchasing an additional 109 shares during the last quarter. Savvy Advisors Inc. boosted its position in shares of iShares S&P 500 Growth ETF by 2.7% in the 3rd quarter. Savvy Advisors Inc. now owns 4,306 shares of the company’s stock worth $412,000 after purchasing an additional 112 shares in the last quarter. First National Bank & Trust Co. of Newtown grew its stake in iShares S&P 500 Growth ETF by 0.6% during the 3rd quarter. First National Bank & Trust Co. of Newtown now owns 17,821 shares of the company’s stock worth $1,706,000 after buying an additional 115 shares during the last quarter. Finally, Truvestments Capital LLC increased its position in iShares S&P 500 Growth ETF by 5.2% during the 3rd quarter. Truvestments Capital LLC now owns 2,406 shares of the company’s stock valued at $230,000 after buying an additional 118 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Performance

Shares of NYSEARCA IVW opened at $103.15 on Wednesday. iShares S&P 500 Growth ETF has a fifty-two week low of $72.69 and a fifty-two week high of $104.15. The company has a market cap of $54.04 billion, a PE ratio of 28.52 and a beta of 1.14. The business has a 50-day simple moving average of $98.60 and a two-hundred day simple moving average of $94.19.

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.