Ascent Group LLC Sells 39,738 Shares of iShares S&P 500 Growth ETF $IVW

Ascent Group LLC reduced its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 5.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 693,464 shares of the company’s stock after selling 39,738 shares during the quarter. iShares S&P 500 Growth ETF makes up approximately 3.0% of Ascent Group LLC’s portfolio, making the stock its 2nd biggest position. Ascent Group LLC owned 0.13% of iShares S&P 500 Growth ETF worth $83,715,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Darwin Wealth Management LLC purchased a new stake in iShares S&P 500 Growth ETF during the 2nd quarter worth approximately $30,000. Flaharty Asset Management LLC purchased a new stake in shares of iShares S&P 500 Growth ETF during the first quarter worth $26,000. Ryan Investment Management Inc. acquired a new stake in shares of iShares S&P 500 Growth ETF in the second quarter valued at $36,000. Morgan Dempsey Capital Management LLC purchased a new position in iShares S&P 500 Growth ETF in the second quarter valued at $44,000. Finally, ST Germain D J Co. Inc. grew its stake in iShares S&P 500 Growth ETF by 655.4% during the 2nd quarter. ST Germain D J Co. Inc. now owns 423 shares of the company’s stock worth $47,000 after purchasing an additional 367 shares in the last quarter.

iShares S&P 500 Growth ETF Price Performance

IVW stock opened at $124.16 on Wednesday. The business’s 50-day moving average is $122.91 and its two-hundred day moving average is $117.75. The firm has a market capitalization of $67.40 billion, a P/E ratio of 33.33 and a beta of 1.11. iShares S&P 500 Growth ETF has a 1 year low of $79.31 and a 1 year high of $126.61.

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. The Growth Index is a subset of the S&P 500 and consists of those stocks in the S&P 500 exhibiting the strongest growth characteristics.