Evolution Wealth Advisors LLC Reduces Stock Position in iShares S&P 500 Growth ETF $IVW

Evolution Wealth Advisors LLC lessened its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 60.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 10,230 shares of the company’s stock after selling 15,605 shares during the period. Evolution Wealth Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $1,235,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Nations Financial Group Inc. IA ADV lifted its holdings in iShares S&P 500 Growth ETF by 6.3% in the third quarter. Nations Financial Group Inc. IA ADV now owns 41,216 shares of the company’s stock valued at $4,976,000 after acquiring an additional 2,445 shares during the period. WoodTrust Financial Corp purchased a new stake in shares of iShares S&P 500 Growth ETF during the 3rd quarter valued at about $308,000. Great Point Wealth Advisors LLC bought a new position in shares of iShares S&P 500 Growth ETF in the 3rd quarter worth approximately $4,409,000. First National Bank & Trust Co. of Newtown boosted its holdings in shares of iShares S&P 500 Growth ETF by 4.7% in the third quarter. First National Bank & Trust Co. of Newtown now owns 7,759 shares of the company’s stock worth $937,000 after buying an additional 350 shares during the last quarter. Finally, Wolff Wiese Magana LLC grew its position in iShares S&P 500 Growth ETF by 10.5% during the third quarter. Wolff Wiese Magana LLC now owns 1,284 shares of the company’s stock valued at $155,000 after buying an additional 122 shares during the period.

iShares S&P 500 Growth ETF Trading Up 0.1%

IVW opened at $123.93 on Friday. The firm’s 50 day simple moving average is $123.04 and its two-hundred day simple moving average is $119.14. The company has a market capitalization of $66.88 billion, a PE 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 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. 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.