Legacy Financial Group LLC Has $16.03 Million Stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Legacy Financial Group LLC trimmed its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 4.9% during the 4th quarter, HoldingsChannel.com reports. The firm owned 157,852 shares of the company’s stock after selling 8,088 shares during the period. iShares S&P 500 Growth ETF accounts for about 0.0% of Legacy Financial Group LLC’s holdings, making the stock its 15th largest position. Legacy Financial Group LLC’s holdings in iShares S&P 500 Growth ETF were worth $16,027,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Davis Capital Management lifted its holdings in shares of iShares S&P 500 Growth ETF by 78.4% during the 3rd quarter. Davis Capital Management now owns 412 shares of the company’s stock worth $39,000 after acquiring an additional 181 shares during the period. Element Wealth LLC lifted its holdings in shares of iShares S&P 500 Growth ETF by 31.1% during the 3rd quarter. Element Wealth LLC now owns 577 shares of the company’s stock worth $55,000 after acquiring an additional 137 shares during the period. Valued Wealth Advisors LLC lifted its holdings in shares of iShares S&P 500 Growth ETF by 160.2% during the 3rd quarter. Valued Wealth Advisors LLC now owns 601 shares of the company’s stock worth $58,000 after acquiring an additional 370 shares during the period. Copley Financial Group Inc. bought a new position in shares of iShares S&P 500 Growth ETF during the 3rd quarter worth about $64,000. Finally, ORG Wealth Partners LLC bought a new position in shares of iShares S&P 500 Growth ETF during the 3rd quarter worth about $66,000.

iShares S&P 500 Growth ETF Stock Performance

NYSEARCA:IVW opened at $106.26 on Monday. The company has a 50-day moving average of $102.67 and a 200-day moving average of $97.06. The company has a market capitalization of $55.67 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a 52 week low of $77.20 and a 52 week 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.