Financial Life Advisors Lowers Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Financial Life Advisors trimmed its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 3.3% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 395,968 shares of the company’s stock after selling 13,447 shares during the period. iShares S&P 500 Growth ETF comprises approximately 14.0% of Financial Life Advisors’ investment portfolio, making the stock its largest holding. Financial Life Advisors’ holdings in iShares S&P 500 Growth ETF were worth $33,436,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Dfpg Investments LLC raised its stake in shares of iShares S&P 500 Growth ETF by 15.0% during the 4th quarter. Dfpg Investments LLC now owns 17,478 shares of the company’s stock worth $1,281,000 after purchasing an additional 2,277 shares during the period. Watershed Private Wealth LLC raised its stake in shares of iShares S&P 500 Growth ETF by 3.6% during the 4th quarter. Watershed Private Wealth LLC now owns 52,774 shares of the company’s stock worth $3,963,000 after purchasing an additional 1,820 shares during the period. Northern Trust Corp raised its stake in shares of iShares S&P 500 Growth ETF by 1.4% during the 3rd quarter. Northern Trust Corp now owns 586,956 shares of the company’s stock worth $40,160,000 after purchasing an additional 8,195 shares during the period. Financial Perspectives Inc raised its stake in shares of iShares S&P 500 Growth ETF by 2.5% during the 4th quarter. Financial Perspectives Inc now owns 90,929 shares of the company’s stock worth $6,829,000 after purchasing an additional 2,209 shares during the period. Finally, Spire Wealth Management raised its stake in shares of iShares S&P 500 Growth ETF by 8.2% during the 4th quarter. Spire Wealth Management now owns 201,322 shares of the company’s stock worth $15,623,000 after purchasing an additional 15,270 shares during the period.

iShares S&P 500 Growth ETF Stock Up 0.6 %

IVW traded up $0.51 during trading hours on Monday, hitting $93.05. The stock had a trading volume of 1,573,953 shares, compared to its average volume of 3,375,264. The company’s fifty day simple moving average is $87.28 and its 200 day simple moving average is $82.60. iShares S&P 500 Growth ETF has a 1 year low of $65.53 and a 1 year high of $94.17. The stock has a market cap of $48.75 billion, a PE ratio of 28.52 and a beta of 1.14.

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.