Mount Yale Investment Advisors LLC Reduces Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Mount Yale Investment Advisors LLC decreased its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 8.2% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 64,439 shares of the company’s stock after selling 5,744 shares during the quarter. iShares S&P 500 Growth ETF comprises approximately 0.6% of Mount Yale Investment Advisors LLC’s portfolio, making the stock its 26th biggest position. Mount Yale Investment Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $6,170,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IVW. 180 Wealth Advisors LLC purchased a new stake in iShares S&P 500 Growth ETF in the first quarter worth $252,000. Weaver Consulting Group lifted its stake in iShares S&P 500 Growth ETF by 37.6% in the first quarter. Weaver Consulting Group now owns 8,008 shares of the company’s stock worth $676,000 after acquiring an additional 2,189 shares during the period. Grimes & Company Inc. lifted its stake in iShares S&P 500 Growth ETF by 14.6% in the first quarter. Grimes & Company Inc. now owns 3,313 shares of the company’s stock worth $280,000 after acquiring an additional 423 shares during the period. CRA Financial Services LLC purchased a new stake in iShares S&P 500 Growth ETF in the first quarter worth $290,000. Finally, Winthrop Advisory Group LLC lifted its stake in iShares S&P 500 Growth ETF by 2,911.1% in the first quarter. Winthrop Advisory Group LLC now owns 47,936 shares of the company’s stock worth $4,048,000 after acquiring an additional 46,344 shares during the period.

iShares S&P 500 Growth ETF Stock Up 0.6 %

Shares of IVW stock opened at $97.07 on Friday. The stock has a fifty day moving average of $94.18 and a 200 day moving average of $90.40. iShares S&P 500 Growth ETF has a 52 week low of $65.53 and a 52 week high of $98.27. The firm has a market capitalization of $50.85 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14.

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.