Town Capital LLC Sells 18,164 Shares of iShares S&P 500 Growth ETF $IVW

Town Capital LLC trimmed its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 74.3% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,269 shares of the company’s stock after selling 18,164 shares during the period. Town Capital LLC’s holdings in iShares S&P 500 Growth ETF were worth $709,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Strive Financial Group LLC bought a new stake in shares of iShares S&P 500 Growth ETF in the 4th quarter worth approximately $26,000. Decker Retirement Planning Inc. bought a new position in shares of iShares S&P 500 Growth ETF during the 4th quarter valued at $28,000. Financial Network Wealth Advisors LLC raised its position in iShares S&P 500 Growth ETF by 174.4% in the 4th quarter. Financial Network Wealth Advisors LLC now owns 225 shares of the company’s stock worth $28,000 after purchasing an additional 143 shares during the period. Turning Point Benefit Group Inc. purchased a new position in iShares S&P 500 Growth ETF in the 3rd quarter worth $28,000. Finally, Entrust Financial LLC bought a new stake in iShares S&P 500 Growth ETF in the fourth quarter worth $33,000.

iShares S&P 500 Growth ETF Price Performance

NYSEARCA IVW opened at $135.25 on Monday. The company has a 50-day simple moving average of $136.10 and a two-hundred day simple moving average of $127.73. iShares S&P 500 Growth ETF has a 12-month low of $108.13 and a 12-month high of $141.98. The firm has a market cap of $73.85 billion, a price-to-earnings 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.