Tolleson Wealth Management Inc. Cuts Holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Tolleson Wealth Management Inc. decreased its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 4.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 17,297 shares of the company’s stock after selling 800 shares during the period. iShares S&P 500 Growth ETF accounts for 2.1% of Tolleson Wealth Management Inc.’s portfolio, making the stock its 7th largest position. Tolleson Wealth Management Inc.’s holdings in iShares S&P 500 Growth ETF were worth $3,100,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Rice Partnership LLC bought a new stake in shares of iShares S&P 500 Growth ETF during the 2nd quarter worth about $30,000. Meridian Wealth Management LLC purchased a new position in iShares S&P 500 Growth ETF in the 2nd quarter worth about $34,000. Cornerstone Advisors Inc. acquired a new stake in iShares S&P 500 Growth ETF during the 1st quarter worth about $35,000. Eukles Asset Management purchased a new stake in shares of iShares S&P 500 Growth ETF in the 2nd quarter valued at approximately $36,000. Finally, Global Wealth Management Investment Advisory Inc. boosted its position in shares of iShares S&P 500 Growth ETF by 100.9% in the first quarter. Global Wealth Management Investment Advisory Inc. now owns 219 shares of the company’s stock worth $38,000 after buying an additional 110 shares during the period.

Shares of iShares S&P 500 Growth ETF stock traded up $0.82 on Wednesday, hitting $181.69. 15,241 shares of the company traded hands, compared to its average volume of 608,898. iShares S&P 500 Growth ETF has a 12-month low of $140.49 and a 12-month high of $185.23. The company has a 50-day moving average price of $179.87 and a 200 day moving average price of $176.55.



iShares S&P 500 Growth ETF Company 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.

Further Reading: Percentage Gainers

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Institutional Ownership by Quarter for iShares S&P 500 Growth ETF (NYSEARCA:IVW)

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