Assetmark Inc. Sells 15,916 Shares of iShares S&P 500 Growth ETF $IVW

Assetmark Inc. trimmed its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 10.7% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 133,503 shares of the company’s stock after selling 15,916 shares during the period. Assetmark Inc.’s holdings in iShares S&P 500 Growth ETF were worth $16,117,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the business. Davis Capital Management bought a new position in shares of iShares S&P 500 Growth ETF in the third quarter worth $28,000. Howe & Rusling Inc. raised its holdings in shares of iShares S&P 500 Growth ETF by 484.1% during the 3rd quarter. Howe & Rusling Inc. now owns 257 shares of the company’s stock valued at $31,000 after buying an additional 213 shares in the last quarter. Darwin Wealth Management LLC bought a new stake in shares of iShares S&P 500 Growth ETF in the 2nd quarter worth approximately $30,000. Financial Consulate Inc. purchased a new stake in iShares S&P 500 Growth ETF during the third quarter valued at about $41,000. Finally, Morgan Dempsey Capital Management LLC purchased a new position in iShares S&P 500 Growth ETF in the 2nd quarter worth approximately $44,000.

iShares S&P 500 Growth ETF Stock Performance

iShares S&P 500 Growth ETF stock opened at $119.01 on Friday. The stock’s 50 day simple moving average is $123.20 and its two-hundred day simple moving average is $120.71. The stock has a market cap of $63.88 billion, a price-to-earnings ratio of 33.33 and a beta of 1.11. iShares S&P 500 Growth ETF has a fifty-two week low of $79.31 and a fifty-two week 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.