Modera Wealth Management LLC Sells 12,738 Shares of iShares S&P 500 Growth ETF $IVW

Modera Wealth Management LLC decreased its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1.7% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 720,950 shares of the company’s stock after selling 12,738 shares during the quarter. iShares S&P 500 Growth ETF makes up about 1.0% of Modera Wealth Management LLC’s investment portfolio, making the stock its 26th biggest holding. Modera Wealth Management LLC owned 0.13% of iShares S&P 500 Growth ETF worth $79,377,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in IVW. Liberty Wealth Management LLC increased its position in shares of iShares S&P 500 Growth ETF by 489.6% in the first quarter. Liberty Wealth Management LLC now owns 1,363,876 shares of the company’s stock valued at $126,609,000 after acquiring an additional 1,132,541 shares during the last quarter. LPL Financial LLC grew its stake in iShares S&P 500 Growth ETF by 5.5% in the first quarter. LPL Financial LLC now owns 18,929,345 shares of the company’s stock valued at $1,757,211,000 after purchasing an additional 988,955 shares in the last quarter. Pinkerton Retirement Specialists LLC increased its position in shares of iShares S&P 500 Growth ETF by 192.5% during the 1st quarter. Pinkerton Retirement Specialists LLC now owns 1,135,349 shares of the company’s stock worth $105,394,000 after purchasing an additional 747,194 shares during the last quarter. Ascent Group LLC raised its stake in shares of iShares S&P 500 Growth ETF by 341.5% during the 1st quarter. Ascent Group LLC now owns 806,123 shares of the company’s stock worth $74,832,000 after purchasing an additional 623,555 shares in the last quarter. Finally, World Investment Advisors raised its stake in shares of iShares S&P 500 Growth ETF by 104.4% during the 2nd quarter. World Investment Advisors now owns 744,016 shares of the company’s stock worth $81,916,000 after purchasing an additional 380,049 shares in the last quarter.

iShares S&P 500 Growth ETF Trading Down 1.5%

NYSEARCA:IVW opened at $121.77 on Friday. The stock has a market capitalization of $66.10 billion, a PE ratio of 33.33 and a beta of 1.11. iShares S&P 500 Growth ETF has a 1-year low of $79.31 and a 1-year high of $126.61. The firm has a fifty day simple moving average of $120.37 and a 200 day simple moving average of $111.59.

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.