True Vision MN LLC Sells 5,631 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

True Vision MN LLC lessened its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 6.0% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 88,923 shares of the company’s stock after selling 5,631 shares during the quarter. iShares S&P 500 Growth ETF accounts for about 5.0% of True Vision MN LLC’s portfolio, making the stock its 3rd largest holding. True Vision MN LLC’s holdings in iShares S&P 500 Growth ETF were worth $8,514,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently modified their holdings of the stock. 1620 Investment Advisors Inc. acquired a new stake in shares of iShares S&P 500 Growth ETF in the second quarter valued at about $34,000. Financial Connections Group Inc. acquired a new stake in iShares S&P 500 Growth ETF in the 2nd quarter worth about $35,000. GPS Wealth Strategies Group LLC increased its stake in iShares S&P 500 Growth ETF by 91.3% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 417 shares of the company’s stock worth $39,000 after buying an additional 199 shares in the last quarter. Davis Capital Management raised its holdings in shares of iShares S&P 500 Growth ETF by 78.4% during 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, Avondale Wealth Management lifted its position in shares of iShares S&P 500 Growth ETF by 56.1% in the second quarter. Avondale Wealth Management now owns 434 shares of the company’s stock valued at $40,000 after acquiring an additional 156 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Performance

Shares of NYSEARCA:IVW traded down $0.53 during midday trading on Wednesday, hitting $100.13. The company’s stock had a trading volume of 354,209 shares, compared to its average volume of 2,857,439. iShares S&P 500 Growth ETF has a 12-month low of $71.93 and a 12-month high of $101.55. The company has a market cap of $52.46 billion, a P/E ratio of 28.52 and a beta of 1.14. The business’s 50 day simple moving average is $97.34 and its 200 day simple moving average is $93.19.

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.