Pure Financial Advisors LLC Cuts Holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Pure Financial Advisors LLC lowered its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 15.5% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 5,661 shares of the company’s stock after selling 1,036 shares during the quarter. Pure Financial Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $542,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in IVW. Mathes Company Inc. bought a new position in iShares S&P 500 Growth ETF in the third quarter valued at $220,000. Chicago Partners Investment Group LLC boosted its stake in iShares S&P 500 Growth ETF by 4.8% in the third quarter. Chicago Partners Investment Group LLC now owns 13,427 shares of the company’s stock worth $1,295,000 after buying an additional 620 shares in the last quarter. Farther Finance Advisors LLC raised its stake in shares of iShares S&P 500 Growth ETF by 23.3% during the third quarter. Farther Finance Advisors LLC now owns 240,965 shares of the company’s stock worth $23,072,000 after acquiring an additional 45,535 shares in the last quarter. Lowe Brockenbrough & Co. Inc. raised its stake in shares of iShares S&P 500 Growth ETF by 45.4% during the third quarter. Lowe Brockenbrough & Co. Inc. now owns 64,043 shares of the company’s stock worth $6,132,000 after acquiring an additional 19,989 shares in the last quarter. Finally, Gladstone Institutional Advisory LLC lifted its holdings in shares of iShares S&P 500 Growth ETF by 5.3% in the 3rd quarter. Gladstone Institutional Advisory LLC now owns 208,678 shares of the company’s stock worth $19,981,000 after acquiring an additional 10,488 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Performance

Shares of iShares S&P 500 Growth ETF stock opened at $95.80 on Monday. The stock has a market capitalization of $50.19 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. The company has a fifty day moving average of $94.70 and a 200-day moving average of $91.13. iShares S&P 500 Growth ETF has a 52-week low of $68.16 and a 52-week high of $98.68.

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.