ShoreHaven Wealth Partners LLC Cuts Stock Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

ShoreHaven Wealth Partners LLC trimmed its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1.0% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 242,914 shares of the company’s stock after selling 2,435 shares during the quarter. iShares S&P 500 Growth ETF makes up approximately 11.2% of ShoreHaven Wealth Partners LLC’s holdings, making the stock its 2nd largest position. ShoreHaven Wealth Partners LLC’s holdings in iShares S&P 500 Growth ETF were worth $23,259,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. 180 Wealth Advisors LLC bought a new stake in shares of iShares S&P 500 Growth ETF in the 1st quarter worth approximately $252,000. Grimes & Company Inc. boosted its position in shares of iShares S&P 500 Growth ETF by 14.6% in the 1st quarter. Grimes & Company Inc. now owns 3,313 shares of the company’s stock worth $280,000 after purchasing an additional 423 shares in the last quarter. CRA Financial Services LLC bought a new stake in shares of iShares S&P 500 Growth ETF in the 1st quarter worth approximately $290,000. Founders Financial Securities LLC boosted its position in shares of iShares S&P 500 Growth ETF by 25.6% in the 1st quarter. Founders Financial Securities LLC now owns 6,384 shares of the company’s stock worth $539,000 after purchasing an additional 1,303 shares in the last quarter. Finally, Cornerstone Wealth Group LLC bought a new stake in shares of iShares S&P 500 Growth ETF in the 1st quarter worth approximately $1,037,000.

iShares S&P 500 Growth ETF Trading Up 0.5 %

IVW stock opened at $97.56 on Friday. The stock has a market capitalization of $51.11 billion, a PE 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 $98.41. The stock’s 50 day simple moving average is $94.36 and its 200 day simple moving average is $90.59.

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.