Beacon Financial Advisory LLC Sells 1,533 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Beacon Financial Advisory LLC lowered its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 7.9% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 17,832 shares of the company’s stock after selling 1,533 shares during the quarter. Beacon Financial Advisory LLC’s holdings in iShares S&P 500 Growth ETF were worth $1,707,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. BNP Paribas Financial Markets boosted its holdings in shares of iShares S&P 500 Growth ETF by 58.8% during the 1st quarter. BNP Paribas Financial Markets now owns 222,835 shares of the company’s stock worth $18,816,000 after buying an additional 82,540 shares during the period. Advisory Services Network LLC boosted its holdings in iShares S&P 500 Growth ETF by 13.9% during the first quarter. Advisory Services Network LLC now owns 191,261 shares of the company’s stock valued at $16,150,000 after acquiring an additional 23,340 shares during the period. Gallacher Capital Management LLC grew its position in shares of iShares S&P 500 Growth ETF by 1.6% in the first quarter. Gallacher Capital Management LLC now owns 59,102 shares of the company’s stock valued at $4,991,000 after purchasing an additional 931 shares during the last quarter. SYM FINANCIAL Corp grew its position in shares of iShares S&P 500 Growth ETF by 15.3% in the first quarter. SYM FINANCIAL Corp now owns 3,708 shares of the company’s stock valued at $313,000 after purchasing an additional 493 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. increased its stake in shares of iShares S&P 500 Growth ETF by 96.5% in the first quarter. Envestnet Portfolio Solutions Inc. now owns 3,967,008 shares of the company’s stock worth $334,974,000 after purchasing an additional 1,948,478 shares during the period.

iShares S&P 500 Growth ETF Stock Up 1.4 %

Shares of NYSEARCA:IVW opened at $96.83 on Wednesday. The company has a market cap of $50.73 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. The business has a 50 day moving average price of $94.81 and a 200 day moving average price of $91.35. iShares S&P 500 Growth ETF has a twelve month low of $69.29 and a twelve month high of $98.68.

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.