iShares S&P 500 Growth ETF $IVW Shares Sold by Kovitz Investment Group Partners LLC

Kovitz Investment Group Partners LLC cut its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 98.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 17,760 shares of the company’s stock after selling 874,829 shares during the period. Kovitz Investment Group Partners LLC’s holdings in iShares S&P 500 Growth ETF were worth $2,189,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Strive Financial Group LLC purchased a new position in iShares S&P 500 Growth ETF during the fourth quarter worth approximately $26,000. Decker Retirement Planning Inc. purchased a new stake in iShares S&P 500 Growth ETF in the 4th quarter valued at $28,000. Financial Network Wealth Advisors LLC increased its stake in shares of iShares S&P 500 Growth ETF by 174.4% in the 4th quarter. Financial Network Wealth Advisors LLC now owns 225 shares of the company’s stock worth $28,000 after acquiring an additional 143 shares during the last quarter. Turning Point Benefit Group Inc. acquired a new stake in shares of iShares S&P 500 Growth ETF in the 3rd quarter worth $28,000. Finally, Darwin Wealth Management LLC purchased a new position in shares of iShares S&P 500 Growth ETF during the 2nd quarter worth $30,000.

iShares S&P 500 Growth ETF Price Performance

Shares of IVW stock opened at $137.96 on Friday. The firm’s 50-day moving average is $133.56 and its two-hundred day moving average is $125.28. iShares S&P 500 Growth ETF has a 12 month low of $104.21 and a 12 month high of $141.98. The company has a market capitalization of $74.77 billion, a PE ratio of 33.33 and a beta of 1.17.

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.