iShares S&P 500 Growth ETF (NYSEARCA:IVW) Shares Sold by Sovereign Financial Group Inc.

Sovereign Financial Group Inc. decreased its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 4.3% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 25,546 shares of the company’s stock after selling 1,160 shares during the quarter. Sovereign Financial Group Inc.’s holdings in iShares S&P 500 Growth ETF were worth $2,446,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. CarsonAllaria Wealth Management Ltd. lifted its stake in shares of 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 worth $34,000 after acquiring an additional 125 shares in the last quarter. 1620 Investment Advisors Inc. acquired a new position in shares of iShares S&P 500 Growth ETF in the second quarter worth about $34,000. Financial Connections Group Inc. acquired a new position in shares of iShares S&P 500 Growth ETF in the second quarter worth about $35,000. GPS Wealth Strategies Group LLC lifted its stake 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 acquiring an additional 199 shares in the last quarter. Finally, Davis Capital Management lifted its stake 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 acquiring an additional 181 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Up 1.5 %

Shares of NYSEARCA IVW opened at $96.10 on Wednesday. The stock’s 50 day moving average price is $92.03 and its two-hundred day moving average price is $89.38. 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 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.