Sapient Capital LLC Sells 18,464 Shares of iShares S&P 500 Growth ETF $IVW

Sapient Capital LLC lowered its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 24.8% in the 1st quarter, HoldingsChannel reports. The firm owned 55,941 shares of the company’s stock after selling 18,464 shares during the quarter. Sapient Capital LLC’s holdings in iShares S&P 500 Growth ETF were worth $6,327,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently modified their holdings of IVW. Strive Financial Group LLC purchased a new position in iShares S&P 500 Growth ETF in the fourth quarter valued at approximately $26,000. Decker Retirement Planning Inc. purchased a new stake in iShares S&P 500 Growth ETF in the fourth quarter worth $28,000. Financial Network Wealth Advisors LLC increased its position in iShares S&P 500 Growth ETF by 174.4% in the fourth quarter. Financial Network Wealth Advisors LLC now owns 225 shares of the company’s stock worth $28,000 after buying an additional 143 shares during the last quarter. Turning Point Benefit Group Inc. bought a new stake in shares of iShares S&P 500 Growth ETF in the third quarter valued at $28,000. Finally, Darwin Wealth Management LLC bought a new stake in shares of iShares S&P 500 Growth ETF in the second quarter valued at $30,000.

iShares S&P 500 Growth ETF Price Performance

Shares of NYSEARCA IVW opened at $135.25 on Monday. iShares S&P 500 Growth ETF has a one year low of $108.13 and a one year high of $141.98. The business’s fifty day moving average price is $136.10 and its 200-day moving average price is $127.73. The stock has a market capitalization of $73.85 billion, a PE ratio of 33.33 and a beta of 1.17.

iShares S&P 500 Growth ETF 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. 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.