Marcum Wealth LLC Trims Holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Marcum Wealth LLC trimmed its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 59.1% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,930 shares of the company’s stock after selling 5,672 shares during the quarter. Marcum Wealth LLC’s holdings in iShares S&P 500 Growth ETF were worth $332,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of the company. Financial Connections Group Inc. acquired a new stake in iShares S&P 500 Growth ETF during the fourth quarter worth about $28,000. Goodwin Investment Advisory acquired a new stake in iShares S&P 500 Growth ETF in the fourth quarter valued at approximately $29,000. Life Planning Partners Inc acquired a new stake in iShares S&P 500 Growth ETF in the fourth quarter valued at approximately $32,000. Northwest Financial Advisors acquired a new stake in iShares S&P 500 Growth ETF in the fourth quarter valued at approximately $38,000. Finally, Ruedi Wealth Management Inc. grew its holdings in iShares S&P 500 Growth ETF by 1,361.4% in the fourth quarter. Ruedi Wealth Management Inc. now owns 643 shares of the company’s stock valued at $48,000 after purchasing an additional 599 shares during the period.

iShares S&P 500 Growth ETF Trading Down 0.3 %

Shares of IVW opened at $92.34 on Friday. iShares S&P 500 Growth ETF has a 12 month low of $65.53 and a 12 month high of $93.81. The stock’s 50 day moving average is $86.17 and its two-hundred day moving average is $81.86. The firm has a market cap of $48.38 billion, a P/E ratio of 28.52 and a beta of 1.14.

iShares S&P 500 Growth ETF Company 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.