New Century Financial Group LLC Has $4.77 Million Stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

New Century Financial Group LLC decreased its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 0.4% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 49,786 shares of the company’s stock after selling 203 shares during the period. iShares S&P 500 Growth ETF comprises 1.7% of New Century Financial Group LLC’s portfolio, making the stock its 7th biggest position. New Century Financial Group LLC’s holdings in iShares S&P 500 Growth ETF were worth $4,767,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of IVW. 1620 Investment Advisors Inc. bought a new stake in shares of iShares S&P 500 Growth ETF in the second quarter worth $34,000. Financial Connections Group Inc. acquired a new position in shares of iShares S&P 500 Growth ETF during the 2nd quarter worth about $35,000. CarsonAllaria Wealth Management Ltd. grew its holdings in shares of iShares S&P 500 Growth ETF by 45.5% in the 1st quarter. CarsonAllaria Wealth Management Ltd. now owns 400 shares of the company’s stock valued at $34,000 after acquiring an additional 125 shares in the last quarter. Davis Capital Management increased its position in shares of iShares S&P 500 Growth ETF by 78.4% in the third quarter. Davis Capital Management now owns 412 shares of the company’s stock valued at $39,000 after acquiring an additional 181 shares during the last quarter. Finally, GPS Wealth Strategies Group LLC boosted its position in iShares S&P 500 Growth ETF by 91.3% during the second quarter. GPS Wealth Strategies Group LLC now owns 417 shares of the company’s stock valued at $39,000 after purchasing an additional 199 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Up 0.5 %

NYSEARCA:IVW opened at $97.52 on Friday. iShares S&P 500 Growth ETF has a twelve month low of $65.53 and a twelve month high of $98.05. The firm has a market capitalization of $51.09 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. The stock’s 50 day moving average price is $93.72 and its two-hundred day moving average price is $90.12.

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.