iShares S&P 500 Growth ETF (NYSEARCA:IVW) Shares Sold by Silicon Valley Capital Partners

Silicon Valley Capital Partners lessened its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1.1% in the 4th quarter, Holdings Channel.com reports. The fund owned 278,245 shares of the company’s stock after selling 3,015 shares during the period. iShares S&P 500 Growth ETF makes up 3.2% of Silicon Valley Capital Partners’ holdings, making the stock its 12th biggest holding. Silicon Valley Capital Partners’ holdings in iShares S&P 500 Growth ETF were worth $28,250,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Hantz Financial Services Inc. purchased a new position in iShares S&P 500 Growth ETF during the fourth quarter valued at approximately $40,000. Compass Financial Services Inc purchased a new position in iShares S&P 500 Growth ETF during the fourth quarter valued at approximately $40,000. Element Wealth LLC raised its position in iShares S&P 500 Growth ETF by 31.1% during the third quarter. Element Wealth LLC now owns 577 shares of the company’s stock valued at $55,000 after acquiring an additional 137 shares in the last quarter. Valued Wealth Advisors LLC raised its position in iShares S&P 500 Growth ETF by 160.2% during the third quarter. Valued Wealth Advisors LLC now owns 601 shares of the company’s stock valued at $58,000 after acquiring an additional 370 shares in the last quarter. Finally, Copley Financial Group Inc. purchased a new position in iShares S&P 500 Growth ETF during the third quarter valued at approximately $64,000.

iShares S&P 500 Growth ETF Trading Down 0.9 %

Shares of IVW stock opened at $104.75 on Monday. The stock has a 50 day moving average of $103.56 and a 200 day moving average of $97.74. The stock has a market cap of $54.88 billion, a P/E ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a twelve month low of $79.07 and a twelve month high of $107.14.

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.