Melfa Wealth Management Inc. Sells 500 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Melfa Wealth Management Inc. decreased its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 12.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,525 shares of the company’s stock after selling 500 shares during the quarter. Melfa Wealth Management Inc.’s holdings in iShares S&P 500 Growth ETF were worth $358,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in IVW. Dakota Wealth Management increased its stake in shares of iShares S&P 500 Growth ETF by 1.2% in the 4th quarter. Dakota Wealth Management now owns 7,935 shares of the company’s stock worth $806,000 after acquiring an additional 97 shares in the last quarter. Boston Family Office LLC increased its stake in shares of iShares S&P 500 Growth ETF by 0.4% during the third quarter. Boston Family Office LLC now owns 26,064 shares of the company’s stock valued at $2,496,000 after purchasing 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 third 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. Sanibel Captiva Trust Company Inc. boosted its position in shares of iShares S&P 500 Growth ETF by 1.6% in the 4th quarter. Sanibel Captiva Trust Company Inc. now owns 7,005 shares of the company’s stock worth $711,000 after purchasing an additional 109 shares in the last quarter. Finally, City Holding Co. grew its stake in shares of iShares S&P 500 Growth ETF by 1.3% in the 4th quarter. City Holding Co. now owns 8,653 shares of the company’s stock worth $878,000 after buying an additional 109 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Up 1.0 %

IVW stock opened at $104.84 on Wednesday. The business has a 50 day moving average of $102.29 and a 200 day moving average of $96.85. The firm has a market cap of $54.93 billion, a PE ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a twelve month low of $77.20 and a twelve month high of $105.64.

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.