Cahill Financial Advisors Inc. Cuts Holdings in iShares S&P 500 Growth ETF $IVW

Cahill Financial Advisors Inc. reduced its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1.0% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 259,385 shares of the company’s stock after selling 2,649 shares during the quarter. iShares S&P 500 Growth ETF accounts for about 3.5% of Cahill Financial Advisors Inc.’s investment portfolio, making the stock its 6th biggest holding. Cahill Financial Advisors Inc.’s holdings in iShares S&P 500 Growth ETF were worth $28,558,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. LongView Wealth Management boosted its position in iShares S&P 500 Growth ETF by 0.9% during the 2nd quarter. LongView Wealth Management now owns 10,811 shares of the company’s stock worth $1,190,000 after acquiring an additional 94 shares during the last quarter. Cape ANN Savings Bank lifted its position in shares of iShares S&P 500 Growth ETF by 4.2% in the first quarter. Cape ANN Savings Bank now owns 2,476 shares of the company’s stock worth $230,000 after purchasing an additional 100 shares in the last quarter. B & T Capital Management DBA Alpha Capital Management lifted its position in shares of iShares S&P 500 Growth ETF by 3.5% in the second quarter. B & T Capital Management DBA Alpha Capital Management now owns 2,922 shares of the company’s stock worth $322,000 after purchasing an additional 100 shares in the last quarter. waypoint wealth counsel boosted its holdings in iShares S&P 500 Growth ETF by 0.4% during the second quarter. waypoint wealth counsel now owns 27,414 shares of the company’s stock worth $3,018,000 after purchasing an additional 103 shares during the last quarter. Finally, Buska Wealth Management LLC grew its position in iShares S&P 500 Growth ETF by 1.4% in the second quarter. Buska Wealth Management LLC now owns 8,166 shares of the company’s stock valued at $899,000 after purchasing an additional 111 shares in the last quarter.

iShares S&P 500 Growth ETF Trading Down 0.2%

Shares of IVW stock opened at $121.54 on Monday. The firm’s fifty day moving average price is $120.51 and its two-hundred day moving average price is $112.15. 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 market capitalization of $65.98 billion, a P/E ratio of 33.33 and a beta of 1.11.

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.