iShares S&P 500 Growth ETF $IVW Position Lessened by Higgins & Schmidt Wealth Strategies LLC

Higgins & Schmidt Wealth Strategies LLC trimmed its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 10.6% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 59,697 shares of the company’s stock after selling 7,074 shares during the period. iShares S&P 500 Growth ETF accounts for 3.1% of Higgins & Schmidt Wealth Strategies LLC’s portfolio, making the stock its 10th largest position. Higgins & Schmidt Wealth Strategies LLC’s holdings in iShares S&P 500 Growth ETF were worth $6,752,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in IVW. Chatterton & Associates Inc. grew its stake in iShares S&P 500 Growth ETF by 33.5% in the first quarter. Chatterton & Associates Inc. now owns 44,180 shares of the company’s stock valued at $5,306,000 after purchasing an additional 11,089 shares during the last quarter. Ritholtz Wealth Management lifted its position in shares of iShares S&P 500 Growth ETF by 4.3% during the first quarter. Ritholtz Wealth Management now owns 3,486 shares of the company’s stock valued at $394,000 after buying an additional 145 shares during the last quarter. Breakwater Capital Group boosted its holdings in shares of iShares S&P 500 Growth ETF by 14.6% in the 1st quarter. Breakwater Capital Group now owns 29,965 shares of the company’s stock valued at $3,389,000 after buying an additional 3,827 shares in the last quarter. Global Financial Private Client LLC grew its position in shares of iShares S&P 500 Growth ETF by 8.3% in the 1st quarter. Global Financial Private Client LLC now owns 3,078 shares of the company’s stock worth $348,000 after buying an additional 235 shares during the last quarter. Finally, KFA Private Wealth Group LLC grew its position in shares of iShares S&P 500 Growth ETF by 2.2% in the 1st quarter. KFA Private Wealth Group LLC now owns 9,299 shares of the company’s stock worth $1,052,000 after buying an additional 196 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Down 0.3%

NYSEARCA IVW opened at $133.36 on Thursday. iShares S&P 500 Growth ETF has a 52 week low of $107.57 and a 52 week high of $141.98. The company has a 50 day moving average price of $134.38 and a 200 day moving average price of $125.53. The firm has a market cap of $72.27 billion, a PE ratio of 33.33 and a beta of 1.17.

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. The Growth Index is a subset of the S&P 500 and consists of those stocks in the S&P 500 exhibiting the strongest growth characteristics.