Beacon Capital Management LLC Sells 9,724 Shares of iShares S&P 500 Growth ETF $IVW

Beacon Capital Management LLC decreased its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 30.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 22,062 shares of the company’s stock after selling 9,724 shares during the quarter. iShares S&P 500 Growth ETF comprises approximately 0.3% of Beacon Capital Management LLC’s investment portfolio, making the stock its 24th biggest holding. Beacon Capital Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $2,429,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of IVW. Elite Financial Inc. acquired a new stake in iShares S&P 500 Growth ETF during the 1st quarter worth approximately $26,000. Flaharty Asset Management LLC acquired a new stake in iShares S&P 500 Growth ETF during the 1st quarter worth approximately $26,000. Mechanics Financial Corp acquired a new stake in iShares S&P 500 Growth ETF during the 1st quarter worth approximately $27,000. Whipplewood Advisors LLC acquired a new stake in iShares S&P 500 Growth ETF during the 1st quarter worth approximately $32,000. Finally, Mowery & Schoenfeld Wealth Management LLC acquired a new stake in iShares S&P 500 Growth ETF during the 1st quarter worth approximately $33,000.

iShares S&P 500 Growth ETF Stock Performance

Shares of IVW stock opened at $119.75 on Friday. iShares S&P 500 Growth ETF has a 52 week low of $79.31 and a 52 week high of $121.77. The company has a market capitalization of $65.62 billion, a P/E ratio of 33.33 and a beta of 1.05. The company’s 50 day moving average price is $115.89 and its two-hundred day moving average price is $105.44.

iShares S&P 500 Growth ETF Company 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.