Apella Capital LLC Decreases Stake in iShares S&P 500 Growth ETF $IVW

Apella Capital LLC lessened its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 22.7% in the 1st quarter, HoldingsChannel reports. The fund owned 81,311 shares of the company’s stock after selling 23,909 shares during the period. Apella Capital LLC’s holdings in iShares S&P 500 Growth ETF were worth $9,197,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Strive Financial Group LLC purchased a new stake in iShares S&P 500 Growth ETF during the 4th quarter worth about $26,000. Decker Retirement Planning Inc. acquired a new position in iShares S&P 500 Growth ETF in the fourth quarter valued at approximately $28,000. Financial Network Wealth Advisors LLC grew its position 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 valued at $28,000 after buying 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 during the third quarter worth about $28,000. Finally, Entrust Financial LLC acquired a new stake in shares of iShares S&P 500 Growth ETF during the fourth quarter worth about $33,000.

iShares S&P 500 Growth ETF Trading Down 0.3%

Shares of NYSEARCA IVW opened at $133.36 on Thursday. The stock has a market cap of $72.27 billion, a P/E ratio of 33.33 and a beta of 1.17. iShares S&P 500 Growth ETF has a twelve month low of $107.57 and a twelve month high of $141.98. The stock has a 50 day moving average of $134.38 and a two-hundred day moving average of $125.53.

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.