GHP Investment Advisors Inc. Sells 27,960 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

GHP Investment Advisors Inc. lessened its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 11.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 213,087 shares of the company’s stock after selling 27,960 shares during the period. iShares S&P 500 Growth ETF makes up about 1.0% of GHP Investment Advisors Inc.’s investment portfolio, making the stock its 14th largest holding. GHP Investment Advisors Inc.’s holdings in iShares S&P 500 Growth ETF were worth $21,635,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Dakota Wealth Management increased its holdings in shares of iShares S&P 500 Growth ETF by 1.2% during the fourth quarter. Dakota Wealth Management now owns 7,935 shares of the company’s stock valued at $806,000 after acquiring an additional 97 shares in the last quarter. waypoint wealth counsel increased its stake in iShares S&P 500 Growth ETF by 0.4% during the 4th quarter. waypoint wealth counsel now owns 27,282 shares of the company’s stock valued at $2,770,000 after purchasing an additional 99 shares in the last quarter. Gradient Investments LLC increased its stake in iShares S&P 500 Growth ETF by 2.7% during the 4th quarter. Gradient Investments LLC now owns 3,901 shares of the company’s stock valued at $396,000 after purchasing an additional 103 shares in the last quarter. Boston Family Office LLC increased its position in shares of iShares S&P 500 Growth ETF by 0.4% during the third quarter. Boston Family Office LLC now owns 26,064 shares of the company’s stock valued at $2,496,000 after acquiring an additional 105 shares in the last quarter. Finally, Inspire Advisors LLC increased its holdings in shares of iShares S&P 500 Growth ETF by 4.4% in the 3rd quarter. Inspire Advisors LLC now owns 2,602 shares of the company’s stock worth $249,000 after purchasing an additional 109 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Performance

NYSEARCA IVW opened at $104.89 on Thursday. iShares S&P 500 Growth ETF has a one year low of $79.07 and a one year high of $107.14. The stock has a 50-day moving average of $103.37 and a 200 day moving average of $97.57. The company has a market capitalization of $54.95 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14.

About iShares S&P 500 Growth ETF

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.