Bar Harbor Wealth Management Cuts Stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Bar Harbor Wealth Management cut its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 4.4% during the second quarter, Holdings Channel.com reports. The institutional investor owned 7,724 shares of the company’s stock after selling 357 shares during the quarter. Bar Harbor Wealth Management’s holdings in iShares S&P 500 Growth ETF were worth $715,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently made changes to their positions in the stock. Annex Advisory Services LLC grew its holdings in shares of iShares S&P 500 Growth ETF by 2.7% during the second quarter. Annex Advisory Services LLC now owns 4,165 shares of the company’s stock valued at $385,000 after buying an additional 110 shares during the last quarter. Massmutual Trust Co. FSB ADV grew its position in iShares S&P 500 Growth ETF by 10.0% during the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 1,320 shares of the company’s stock worth $122,000 after purchasing an additional 120 shares during the period. Texas Capital Bancshares Inc TX grew its position in iShares S&P 500 Growth ETF by 4.1% during the 1st quarter. Texas Capital Bancshares Inc TX now owns 3,102 shares of the company’s stock worth $262,000 after purchasing an additional 122 shares during the period. CarsonAllaria Wealth Management Ltd. grew its position in iShares S&P 500 Growth ETF by 45.5% during the 1st quarter. CarsonAllaria Wealth Management Ltd. now owns 400 shares of the company’s stock worth $34,000 after purchasing an additional 125 shares during the period. Finally, Kessler Investment Group LLC grew its position in iShares S&P 500 Growth ETF by 0.8% during the 4th quarter. Kessler Investment Group LLC now owns 15,887 shares of the company’s stock worth $1,193,000 after purchasing an additional 129 shares during the period.

iShares S&P 500 Growth ETF Trading Up 0.2 %

IVW traded up $0.18 during midday trading on Friday, hitting $92.75. 760,194 shares of the company were exchanged, compared to its average volume of 3,227,956. The company’s 50 day simple moving average is $91.81 and its 200 day simple moving average is $86.34. The firm has a market capitalization of $48.59 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a 1-year low of $65.53 and a 1-year high of $97.22.

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.