Apollon Wealth Management LLC Lowers Stake in iShares S&P 500 Growth ETF $IVW

Apollon Wealth Management LLC lessened its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 18.2% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 225,632 shares of the company’s stock after selling 50,330 shares during the quarter. Apollon Wealth Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $25,521,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Brookstone Capital Management boosted its holdings in shares of iShares S&P 500 Growth ETF by 5.7% in the 4th quarter. Brookstone Capital Management now owns 237,167 shares of the company’s stock valued at $29,233,000 after buying an additional 12,778 shares in the last quarter. Capital Advantage Inc. raised its stake in shares of iShares S&P 500 Growth ETF by 40.9% during the 4th quarter. Capital Advantage Inc. now owns 25,498 shares of the company’s stock worth $3,143,000 after acquiring an additional 7,396 shares in the last quarter. Chatterton & Associates Inc. raised its stake in shares of iShares S&P 500 Growth ETF by 33.5% during the 1st quarter. Chatterton & Associates Inc. now owns 44,180 shares of the company’s stock worth $5,306,000 after acquiring an additional 11,089 shares in the last quarter. Meridian Wealth Advisors LLC lifted its position in iShares S&P 500 Growth ETF by 75.0% during the third quarter. Meridian Wealth Advisors LLC now owns 41,747 shares of the company’s stock valued at $5,040,000 after acquiring an additional 17,896 shares during the last quarter. Finally, Embree Financial Group lifted its position in iShares S&P 500 Growth ETF by 61.2% during the fourth quarter. Embree Financial Group now owns 61,699 shares of the company’s stock valued at $7,605,000 after acquiring an additional 23,416 shares during the last quarter.

iShares S&P 500 Growth ETF Price Performance

Shares of IVW opened at $132.58 on Monday. The company has a market cap of $71.85 billion, a price-to-earnings ratio of 33.33 and a beta of 1.17. iShares S&P 500 Growth ETF has a twelve month low of $108.13 and a twelve month high of $141.98. The company has a 50 day moving average of $134.68 and a two-hundred day moving average of $125.66.

About iShares S&P 500 Growth ETF

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.