Shearwater Capital LLC Reduces Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Shearwater Capital LLC decreased its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 3.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,176 shares of the company’s stock after selling 148 shares during the period. Shearwater Capital LLC’s holdings in iShares S&P 500 Growth ETF were worth $400,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of IVW. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors raised its stake in shares of iShares S&P 500 Growth ETF by 18.9% during the 3rd quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 21,417 shares of the company’s stock valued at $2,051,000 after purchasing an additional 3,403 shares during the period. WealthCare Investment Partners LLC purchased a new position in iShares S&P 500 Growth ETF during the 3rd quarter valued at about $229,000. Brookstone Capital Management increased its position in shares of iShares S&P 500 Growth ETF by 0.3% during the third quarter. Brookstone Capital Management now owns 228,446 shares of the company’s stock valued at $21,874,000 after buying an additional 673 shares during the period. Sugarloaf Wealth Management LLC lifted its holdings in shares of iShares S&P 500 Growth ETF by 18.1% in the third quarter. Sugarloaf Wealth Management LLC now owns 1,242 shares of the company’s stock worth $119,000 after buying an additional 190 shares in the last quarter. Finally, Stordahl Capital Management Inc. boosted its position in shares of iShares S&P 500 Growth ETF by 1.2% in the third quarter. Stordahl Capital Management Inc. now owns 49,634 shares of the company’s stock valued at $4,686,000 after acquiring an additional 578 shares during the period.

iShares S&P 500 Growth ETF Stock Performance

iShares S&P 500 Growth ETF stock traded up $0.34 during midday trading on Wednesday, reaching $96.48. 278,891 shares of the stock were exchanged, compared to its average volume of 3,020,603. iShares S&P 500 Growth ETF has a 52 week low of $65.53 and a 52 week high of $97.22. The firm has a market cap of $50.55 billion, a PE ratio of 28.52 and a beta of 1.14. The company’s fifty day moving average is $92.18 and its 200-day moving average is $89.45.

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.