Transcendent Capital Group LLC Sells 15,683 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Transcendent Capital Group LLC decreased its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 22.4% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 54,392 shares of the company’s stock after selling 15,683 shares during the quarter. iShares S&P 500 Growth ETF makes up 2.9% of Transcendent Capital Group LLC’s investment portfolio, making the stock its 7th largest position. Transcendent Capital Group LLC’s holdings in iShares S&P 500 Growth ETF were worth $5,522,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. BankPlus Trust Department acquired a new position in iShares S&P 500 Growth ETF during the fourth quarter valued at approximately $36,000. Hantz Financial Services Inc. bought a new stake in shares of iShares S&P 500 Growth ETF during the fourth quarter valued at approximately $40,000. Compass Financial Services Inc bought a new position in shares of iShares S&P 500 Growth ETF during the 4th quarter worth about $40,000. POM Investment Strategies LLC lifted its stake in iShares S&P 500 Growth ETF by 194.8% during the fourth quarter. POM Investment Strategies LLC now owns 457 shares of the company’s stock worth $46,000 after purchasing an additional 302 shares during the period. Finally, Valued Wealth Advisors LLC boosted its stake in iShares S&P 500 Growth ETF by 160.2% in the 3rd quarter. Valued Wealth Advisors LLC now owns 601 shares of the company’s stock valued at $58,000 after buying an additional 370 shares in the last quarter.

iShares S&P 500 Growth ETF Trading Down 1.0 %

Shares of iShares S&P 500 Growth ETF stock opened at $102.40 on Tuesday. The stock has a market capitalization of $57.14 billion, a price-to-earnings ratio of 33.87 and a beta of 1.07. The firm’s 50-day moving average price is $103.98 and its two-hundred day moving average price is $99.14. iShares S&P 500 Growth ETF has a 1-year low of $79.07 and a 1-year high of $107.14.

iShares S&P 500 Growth ETF 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.