Flagstar Advisors Inc. Sells 1,243 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Flagstar Advisors Inc. cut its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 2.6% in the 4th quarter, Holdings Channel reports. The fund owned 46,819 shares of the company’s stock after selling 1,243 shares during the quarter. iShares S&P 500 Growth ETF comprises about 1.2% of Flagstar Advisors Inc.’s holdings, making the stock its 24th largest position. Flagstar Advisors Inc.’s holdings in iShares S&P 500 Growth ETF were worth $4,753,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Hantz Financial Services Inc. bought a new position in iShares S&P 500 Growth ETF in the fourth quarter worth about $40,000. Compass Financial Services Inc purchased a new position in shares of iShares S&P 500 Growth ETF during the 4th quarter worth $40,000. POM Investment Strategies LLC raised its position in shares of iShares S&P 500 Growth ETF by 194.8% during the 4th quarter. POM Investment Strategies LLC now owns 457 shares of the company’s stock valued at $46,000 after purchasing an additional 302 shares during the period. Element Wealth LLC increased its holdings in iShares S&P 500 Growth ETF by 31.1% in the 3rd quarter. Element Wealth LLC now owns 577 shares of the company’s stock valued at $55,000 after acquiring an additional 137 shares during the last quarter. Finally, Valued Wealth Advisors LLC grew its stake in shares of 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 worth $58,000 after buying an additional 370 shares in the last quarter.

iShares S&P 500 Growth ETF Trading Up 0.0 %

IVW stock opened at $106.66 on Wednesday. The stock has a market cap of $59.52 billion, a PE ratio of 33.87 and a beta of 1.07. iShares S&P 500 Growth ETF has a 12 month low of $79.07 and a 12 month high of $107.14. The company has a 50-day moving average price of $103.98 and a 200 day moving average price of $98.61.

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.