iShares S&P 500 Growth ETF (NYSEARCA:IVW) Shares Sold by Albion Financial Group UT

Albion Financial Group UT trimmed its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 7.8% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 7,402 shares of the company’s stock after selling 623 shares during the period. Albion Financial Group UT’s holdings in iShares S&P 500 Growth ETF were worth $625,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Financial Connections Group Inc. bought a new position in shares of iShares S&P 500 Growth ETF in the fourth quarter valued at $28,000. Goodwin Investment Advisory purchased a new position in iShares S&P 500 Growth ETF in the 4th quarter worth about $29,000. Life Planning Partners Inc acquired a new stake in iShares S&P 500 Growth ETF during the 4th quarter worth about $32,000. Northwest Financial Advisors purchased a new stake in iShares S&P 500 Growth ETF during the fourth quarter valued at about $38,000. Finally, Ruedi Wealth Management Inc. boosted its holdings in shares of 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 worth $48,000 after buying an additional 599 shares during the period.

iShares S&P 500 Growth ETF Price Performance

IVW stock opened at $94.85 on Thursday. The firm has a market capitalization of $49.69 billion, a P/E ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a 52-week low of $65.53 and a 52-week high of $94.90. The company’s 50 day simple moving average is $87.80 and its 200-day simple moving average is $82.87.

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.