Guardian Wealth Advisors LLC Sells 9,040 Shares of iShares S&P 500 Growth ETF $IVW

Guardian Wealth Advisors LLC lowered its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 16.1% in the third quarter, Holdings Channel.com reports. The firm owned 47,182 shares of the company’s stock after selling 9,040 shares during the period. iShares S&P 500 Growth ETF comprises approximately 3.2% of Guardian Wealth Advisors LLC’s investment portfolio, making the stock its 9th biggest holding. Guardian Wealth Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $5,696,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. The Manufacturers Life Insurance Company lifted its holdings in shares of iShares S&P 500 Growth ETF by 329.5% in the second quarter. The Manufacturers Life Insurance Company now owns 1,708,995 shares of the company’s stock valued at $188,160,000 after purchasing an additional 1,311,063 shares in the last quarter. Laurel Wealth Advisors LLC raised its position in iShares S&P 500 Growth ETF by 11,334.7% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 770,011 shares of the company’s stock valued at $84,778,000 after buying an additional 763,277 shares during the last quarter. EP Wealth Advisors LLC lifted its stake in iShares S&P 500 Growth ETF by 487.9% during the 2nd quarter. EP Wealth Advisors LLC now owns 679,544 shares of the company’s stock valued at $74,818,000 after acquiring an additional 563,960 shares in the last quarter. Ameriprise Financial Inc. lifted its stake in iShares S&P 500 Growth ETF by 6.9% during the 2nd quarter. Ameriprise Financial Inc. now owns 8,499,823 shares of the company’s stock valued at $935,874,000 after acquiring an additional 547,663 shares in the last quarter. Finally, World Investment Advisors boosted its holdings in iShares S&P 500 Growth ETF by 104.4% during the 2nd quarter. World Investment Advisors now owns 744,016 shares of the company’s stock worth $81,916,000 after acquiring an additional 380,049 shares during the last quarter.

iShares S&P 500 Growth ETF Price Performance

NYSEARCA IVW opened at $123.00 on Friday. The company has a fifty day moving average price of $122.98 and a 200-day moving average price of $119.49. The firm has a market cap of $66.11 billion, a price-to-earnings 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.