Lbmc Investment Advisors LLC Sells 241 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Lbmc Investment Advisors LLC lessened its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 0.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 142,479 shares of the company’s stock after selling 241 shares during the quarter. iShares S&P 500 Growth ETF comprises 1.1% of Lbmc Investment Advisors LLC’s holdings, making the stock its 15th biggest position. Lbmc Investment Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $13,642,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. CarsonAllaria Wealth Management Ltd. increased its position in shares of iShares S&P 500 Growth ETF by 45.5% during the first quarter. CarsonAllaria Wealth Management Ltd. now owns 400 shares of the company’s stock worth $34,000 after purchasing an additional 125 shares in the last quarter. 1620 Investment Advisors Inc. acquired a new position in iShares S&P 500 Growth ETF during the 2nd quarter valued at about $34,000. Financial Connections Group Inc. purchased a new stake in iShares S&P 500 Growth ETF in the second quarter valued at about $35,000. GPS Wealth Strategies Group LLC boosted its holdings in iShares S&P 500 Growth ETF by 91.3% in the second quarter. GPS Wealth Strategies Group LLC now owns 417 shares of the company’s stock worth $39,000 after acquiring an additional 199 shares in the last quarter. Finally, Davis Capital Management grew its stake in shares of iShares S&P 500 Growth ETF by 78.4% during the third quarter. Davis Capital Management now owns 412 shares of the company’s stock worth $39,000 after acquiring an additional 181 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Up 1.1 %

Shares of IVW traded up $1.02 during mid-day trading on Tuesday, hitting $95.66. 128,966 shares of the company traded hands, compared to its average volume of 3,028,425. The business has a 50 day moving average of $91.94 and a 200 day moving average of $89.31. The company has a market capitalization of $50.12 billion, a PE ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a 1-year low of $65.53 and a 1-year high of $97.22.

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.