Schoolcraft Capital LLC Decreases Stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Schoolcraft Capital LLC reduced its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 4.8% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,779 shares of the company’s stock after selling 191 shares during the period. Schoolcraft Capital LLC’s holdings in iShares S&P 500 Growth ETF were worth $351,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Bensler LLC lifted its position in shares of iShares S&P 500 Growth ETF by 7.0% during the first quarter. Bensler LLC now owns 21,218 shares of the company’s stock worth $1,970,000 after purchasing an additional 1,393 shares during the last quarter. Founders Grove Wealth Partners LLC lifted its position in shares of iShares S&P 500 Growth ETF by 7.6% during the first quarter. Founders Grove Wealth Partners LLC now owns 118,064 shares of the company’s stock worth $10,960,000 after purchasing an additional 8,371 shares during the last quarter. Ferguson Wellman Capital Management Inc. lifted its position in shares of iShares S&P 500 Growth ETF by 90.7% during the first quarter. Ferguson Wellman Capital Management Inc. now owns 11,853 shares of the company’s stock worth $1,100,000 after purchasing an additional 5,639 shares during the last quarter. Neumann Capital Management LLC lifted its position in shares of iShares S&P 500 Growth ETF by 11.9% during the first quarter. Neumann Capital Management LLC now owns 8,950 shares of the company’s stock worth $831,000 after purchasing an additional 950 shares during the last quarter. Finally, Kelly Financial Services LLC lifted its position in shares of iShares S&P 500 Growth ETF by 3.6% during the first quarter. Kelly Financial Services LLC now owns 200,448 shares of the company’s stock worth $18,608,000 after purchasing an additional 6,943 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Performance

Shares of IVW stock opened at $106.41 on Friday. iShares S&P 500 Growth ETF has a one year low of $79.31 and a one year high of $107.14. The company’s 50-day simple moving average is $97.61 and its 200-day simple moving average is $99.78. The stock has a market capitalization of $57.39 billion, a price-to-earnings ratio of 29.66 and a beta of 1.12.

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.