iShares S&P 500 Growth ETF (NYSEARCA:IVW) Shares Sold by Kovack Advisors Inc.

Kovack Advisors Inc. decreased its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 31.9% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,656 shares of the company’s stock after selling 1,715 shares during the quarter. Kovack Advisors Inc.’s holdings in iShares S&P 500 Growth ETF were worth $309,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the company. Trexquant Investment LP bought a new stake in iShares S&P 500 Growth ETF during the third quarter worth approximately $527,000. Baker Avenue Asset Management LP raised its holdings in iShares S&P 500 Growth ETF by 2.1% in the 3rd quarter. Baker Avenue Asset Management LP now owns 68,471 shares of the company’s stock worth $4,685,000 after acquiring an additional 1,411 shares during the period. WealthPlan Investment Management LLC raised its holdings in iShares S&P 500 Growth ETF by 5,272.5% in the 3rd quarter. WealthPlan Investment Management LLC now owns 3,707 shares of the company’s stock worth $254,000 after acquiring an additional 3,638 shares during the period. Townsquare Capital LLC grew its position in iShares S&P 500 Growth ETF by 82.5% in the 3rd quarter. Townsquare Capital LLC now owns 32,777 shares of the company’s stock worth $2,243,000 after purchasing an additional 14,821 shares during the last quarter. Finally, Integrated Wealth Concepts LLC grew its position in iShares S&P 500 Growth ETF by 63.5% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 149,401 shares of the company’s stock worth $10,222,000 after purchasing an additional 58,036 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Performance

Shares of iShares S&P 500 Growth ETF stock opened at $94.85 on Friday. The firm’s 50-day simple moving average is $88.07 and its 200-day simple moving average is $82.96. iShares S&P 500 Growth ETF has a twelve month low of $65.53 and a twelve month high of $94.90. The firm has a market cap of $49.69 billion, a P/E ratio of 28.52 and a beta of 1.14.

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.