Detalus Advisors LLC Trims Holdings in iShares S&P 500 Growth ETF $IVW

Detalus Advisors LLC lessened its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 2.3% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 226,720 shares of the company’s stock after selling 5,347 shares during the quarter. iShares S&P 500 Growth ETF makes up about 7.1% of Detalus Advisors LLC’s investment portfolio, making the stock its 2nd largest position. Detalus Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $27,370,000 as of its most recent filing with the SEC.

Several other institutional investors also recently bought and sold shares of IVW. Davis Capital Management purchased a new stake in iShares S&P 500 Growth ETF in the 3rd quarter worth $28,000. Darwin Wealth Management LLC bought a new stake in shares of iShares S&P 500 Growth ETF in the second quarter worth about $30,000. Financial Consulate Inc. purchased a new stake in shares of iShares S&P 500 Growth ETF in the third quarter worth about $41,000. Morgan Dempsey Capital Management LLC bought a new position in iShares S&P 500 Growth ETF during the second quarter valued at approximately $44,000. Finally, ST Germain D J Co. Inc. boosted its stake in iShares S&P 500 Growth ETF by 655.4% during the second quarter. ST Germain D J Co. Inc. now owns 423 shares of the company’s stock valued at $47,000 after buying an additional 367 shares during the last quarter.

iShares S&P 500 Growth ETF Price Performance

NYSEARCA IVW opened at $122.07 on Thursday. iShares S&P 500 Growth ETF has a 1-year low of $79.31 and a 1-year high of $126.61. The business has a 50 day simple moving average of $122.94 and a two-hundred day simple moving average of $119.46. The stock has a market capitalization of $65.61 billion, a PE 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.