Pathway Financial Advisors LLC Lowers Stock Holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Pathway Financial Advisors LLC reduced its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1.2% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,825 shares of the company’s stock after selling 335 shares during the quarter. iShares S&P 500 Growth ETF comprises approximately 0.7% of Pathway Financial Advisors LLC’s portfolio, making the stock its 25th biggest holding. Pathway Financial Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $2,568,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. CarsonAllaria Wealth Management Ltd. raised its stake in iShares S&P 500 Growth ETF by 45.5% in the first quarter. CarsonAllaria Wealth Management Ltd. now owns 400 shares of the company’s stock valued at $34,000 after purchasing an additional 125 shares in the last quarter. 1620 Investment Advisors Inc. bought a new position in shares of iShares S&P 500 Growth ETF in the second quarter worth approximately $34,000. Financial Connections Group Inc. bought a new position in shares of iShares S&P 500 Growth ETF in the second quarter worth approximately $35,000. GPS Wealth Strategies Group LLC grew 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 grew its holdings 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 purchasing an additional 181 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Performance

Shares of iShares S&P 500 Growth ETF stock opened at $96.10 on Wednesday. iShares S&P 500 Growth ETF has a 52-week low of $65.53 and a 52-week high of $97.22. The stock has a market capitalization of $50.35 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. The company’s 50 day moving average price is $92.03 and its 200-day moving average price is $89.38.

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.