Burkett Financial Services LLC Sells 2,760 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Burkett Financial Services LLC lowered its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 26.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,839 shares of the company’s stock after selling 2,760 shares during the quarter. iShares S&P 500 Growth ETF makes up 0.3% of Burkett Financial Services LLC’s portfolio, making the stock its 27th biggest holding. Burkett Financial Services LLC’s holdings in iShares S&P 500 Growth ETF were worth $751,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. CarsonAllaria Wealth Management Ltd. raised 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 valued at $34,000 after buying an additional 125 shares during the last quarter. 1620 Investment Advisors Inc. purchased a new stake in iShares S&P 500 Growth ETF in the 2nd quarter worth $34,000. Financial Connections Group Inc. purchased a new position in shares of iShares S&P 500 Growth ETF during the second quarter valued at about $35,000. GPS Wealth Strategies Group LLC increased its holdings in shares of 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 purchasing an additional 199 shares during the last quarter. Finally, Davis Capital Management lifted its position in shares of iShares S&P 500 Growth ETF by 78.4% in the third quarter. Davis Capital Management now owns 412 shares of the company’s stock worth $39,000 after buying an additional 181 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Up 0.4 %

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 traded hands, compared to its average volume of 3,020,603. The stock has a market cap of $50.55 billion, a P/E ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a 12 month low of $65.53 and a 12 month high of $97.22. The stock’s fifty day moving average is $92.18 and its 200-day moving average is $89.45.

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.