Cerity Partners LLC Sells 34,544 Shares of iShares S&P 500 Growth ETF $IVW

Cerity Partners LLC reduced its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 10.7% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 287,129 shares of the company’s stock after selling 34,544 shares during the period. Cerity Partners LLC owned 0.05% of iShares S&P 500 Growth ETF worth $34,662,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Flaharty Asset Management LLC purchased a new stake in shares of iShares S&P 500 Growth ETF during the 1st quarter worth approximately $26,000. Davis Capital Management purchased a new position in shares of iShares S&P 500 Growth ETF in the third quarter valued at $28,000. Darwin Wealth Management LLC bought a new stake in iShares S&P 500 Growth ETF in the second quarter worth $30,000. Ryan Investment Management Inc. purchased a new stake in iShares S&P 500 Growth ETF during the second quarter valued at $36,000. Finally, Financial Consulate Inc. bought a new position in iShares S&P 500 Growth ETF during the third quarter valued at $41,000.

iShares S&P 500 Growth ETF Stock Down 0.8%

Shares of NYSEARCA:IVW opened at $123.73 on Friday. The firm has a fifty day simple moving average of $122.93 and a two-hundred day simple moving average of $118.48. iShares S&P 500 Growth ETF has a 52 week low of $79.31 and a 52 week high of $126.61. The stock has a market capitalization of $66.83 billion, a P/E ratio of 33.33 and a beta of 1.11.

About iShares S&P 500 Growth ETF

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.