Vertex Planning Partners LLC Has $10.20 Million Stock Holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Vertex Planning Partners LLC trimmed its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1.5% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 106,545 shares of the company’s stock after selling 1,651 shares during the quarter. iShares S&P 500 Growth ETF accounts for approximately 2.4% of Vertex Planning Partners LLC’s holdings, making the stock its 9th largest position. Vertex Planning Partners LLC’s holdings in iShares S&P 500 Growth ETF were worth $10,202,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Edgestream Partners L.P. grew its holdings in iShares S&P 500 Growth ETF by 163.0% during the first quarter. Edgestream Partners L.P. now owns 10,283 shares of the company’s stock valued at $868,000 after purchasing an additional 6,373 shares during the period. O Shaughnessy Asset Management LLC grew its stake in shares of iShares S&P 500 Growth ETF by 8.2% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 11,622 shares of the company’s stock valued at $981,000 after acquiring an additional 881 shares during the period. Bessemer Group Inc. increased its holdings in iShares S&P 500 Growth ETF by 51.0% in the 1st quarter. Bessemer Group Inc. now owns 22,527 shares of the company’s stock worth $1,902,000 after acquiring an additional 7,604 shares in the last quarter. Lake Street Advisors Group LLC bought a new stake in iShares S&P 500 Growth ETF during the 1st quarter worth approximately $739,000. Finally, Evermay Wealth Management LLC increased its stake in shares of iShares S&P 500 Growth ETF by 114.9% in the first quarter. Evermay Wealth Management LLC now owns 1,631 shares of the company’s stock worth $138,000 after purchasing an additional 872 shares in the last quarter.

iShares S&P 500 Growth ETF Price Performance

Shares of IVW stock opened at $98.71 on Tuesday. The company has a market capitalization of $51.71 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. The company’s fifty day moving average price is $96.45 and its 200-day moving average price is $92.54. iShares S&P 500 Growth ETF has a one year low of $71.93 and a one year high of $101.55.

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.