Bay Harbor Wealth Management LLC reduced its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW – Free Report) by 6.3% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 107,514 shares of the company’s stock after selling 7,249 shares during the quarter. iShares S&P 500 Growth ETF accounts for approximately 3.5% of Bay Harbor Wealth Management LLC’s investment portfolio, making the stock its 10th biggest holding. Bay Harbor Wealth Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $12,979,000 at the end of the most recent quarter.
Several other hedge funds have also recently made changes to their positions in the company. Darwin Wealth Management LLC purchased a new position in iShares S&P 500 Growth ETF in the 2nd quarter worth $30,000. Flaharty Asset Management LLC acquired a new position in shares of iShares S&P 500 Growth ETF in the first quarter valued at about $26,000. Ryan Investment Management Inc. acquired a new position in shares of iShares S&P 500 Growth ETF in the second quarter valued at about $36,000. Morgan Dempsey Capital Management LLC purchased a new position in shares of iShares S&P 500 Growth ETF in the second quarter worth about $44,000. Finally, ST Germain D J Co. Inc. lifted its holdings in shares of 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 worth $47,000 after purchasing an additional 367 shares during the period.
iShares S&P 500 Growth ETF Stock Up 1.2%
Shares of NYSEARCA IVW opened at $121.21 on Friday. iShares S&P 500 Growth ETF has a 52 week low of $79.31 and a 52 week high of $126.61. The business’s 50 day moving average price is $122.25 and its 200 day moving average price is $116.53. The firm has a market cap of $65.80 billion, a P/E ratio of 33.33 and a beta of 1.11.
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.
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Want to see what other hedge funds are holding IVW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares S&P 500 Growth ETF (NYSEARCA:IVW – Free Report).
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