iShares S&P 500 Growth ETF (NYSEARCA:IVW) Shares Sold by Raleigh Capital Management Inc.

Raleigh Capital Management Inc. lessened its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 7.2% during the third quarter, HoldingsChannel.com reports. The fund owned 21,285 shares of the company’s stock after selling 1,649 shares during the quarter. Raleigh Capital Management Inc.’s holdings in iShares S&P 500 Growth ETF were worth $2,038,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. CarsonAllaria Wealth Management Ltd. grew its position in shares of iShares S&P 500 Growth ETF by 45.5% in the 1st 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 stake in shares of iShares S&P 500 Growth ETF during the second quarter worth $34,000. Financial Connections Group Inc. bought a new position in shares of iShares S&P 500 Growth ETF in the 2nd quarter worth about $35,000. GPS Wealth Strategies Group LLC boosted its holdings in shares of iShares S&P 500 Growth ETF by 91.3% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 417 shares of the company’s stock valued at $39,000 after buying an additional 199 shares during the period. Finally, Davis Capital Management grew its position in shares of iShares S&P 500 Growth ETF by 78.4% during the 3rd quarter. Davis Capital Management now owns 412 shares of the company’s stock valued at $39,000 after buying an additional 181 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Up 0.4 %

Shares of NYSEARCA IVW opened at $97.91 on Tuesday. The stock has a market capitalization of $51.30 billion, a P/E ratio of 28.52 and a beta of 1.14. The firm’s 50-day moving average price is $93.91 and its two-hundred day moving average price is $90.27. iShares S&P 500 Growth ETF has a 52-week low of $65.53 and a 52-week high of $98.05.

iShares S&P 500 Growth ETF 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.