Droms Strauss Advisors Inc. MO ADV Sells 17,407 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Droms Strauss Advisors Inc. MO ADV lessened its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 6.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 248,840 shares of the company’s stock after selling 17,407 shares during the period. iShares S&P 500 Growth ETF accounts for 8.4% of Droms Strauss Advisors Inc. MO ADV’s portfolio, making the stock its 4th largest holding. Droms Strauss Advisors Inc. MO ADV’s holdings in iShares S&P 500 Growth ETF were worth $23,826,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Advisor Resource Council acquired a new position in iShares S&P 500 Growth ETF during the third quarter valued at approximately $288,000. Graypoint LLC grew its holdings in iShares S&P 500 Growth ETF by 12.8% during the third quarter. Graypoint LLC now owns 209,738 shares of the company’s stock valued at $20,082,000 after purchasing an additional 23,790 shares during the last quarter. LGT Financial Advisors LLC grew its holdings in iShares S&P 500 Growth ETF by 6.7% during the third quarter. LGT Financial Advisors LLC now owns 9,149 shares of the company’s stock valued at $876,000 after purchasing an additional 578 shares during the last quarter. Concurrent Investment Advisors LLC grew its holdings in iShares S&P 500 Growth ETF by 2.8% during the third quarter. Concurrent Investment Advisors LLC now owns 324,707 shares of the company’s stock valued at $31,091,000 after purchasing an additional 8,838 shares during the last quarter. Finally, Maia Wealth LLC grew its holdings in iShares S&P 500 Growth ETF by 15.7% during the third quarter. Maia Wealth LLC now owns 115,237 shares of the company’s stock valued at $11,186,000 after purchasing an additional 15,616 shares during the last quarter.

iShares S&P 500 Growth ETF Trading Up 0.5 %

IVW opened at $99.79 on Thursday. iShares S&P 500 Growth ETF has a 1-year low of $69.67 and a 1-year high of $99.79. The stock has a market capitalization of $52.28 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. The business has a 50 day moving average of $94.94 and a 200-day moving average of $91.41.

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.