iShares S&P 500 Growth ETF (NYSEARCA:IVW) Shares Sold by Boston Financial Mangement LLC

Boston Financial Mangement LLC trimmed its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 2.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 13,252 shares of the company’s stock after selling 300 shares during the quarter. Boston Financial Mangement LLC’s holdings in iShares S&P 500 Growth ETF were worth $1,226,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. 1620 Investment Advisors Inc. purchased a new position in iShares S&P 500 Growth ETF in the second quarter valued at $34,000. Financial Connections Group Inc. purchased a new position in shares of iShares S&P 500 Growth ETF in the 2nd quarter valued at about $35,000. CarsonAllaria Wealth Management Ltd. raised its holdings in 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 purchasing an additional 125 shares during the period. GPS Wealth Strategies Group LLC grew its holdings in 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 valued at $39,000 after purchasing an additional 199 shares during the period. Finally, Avondale Wealth Management increased its position in shares of iShares S&P 500 Growth ETF by 56.1% in the second quarter. Avondale Wealth Management now owns 434 shares of the company’s stock valued at $40,000 after buying an additional 156 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Up 1.1 %

Shares of NYSEARCA IVW opened at $93.26 on Friday. iShares S&P 500 Growth ETF has a 52-week low of $65.53 and a 52-week high of $97.22. The company’s 50-day simple moving average is $92.14 and its 200-day simple moving average is $87.27. The firm has a market cap of $48.86 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14.

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.