Beacon Financial Group Lowers Stock Holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Beacon Financial Group reduced its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 4.4% in the 4th quarter, Holdings Channel reports. The fund owned 9,006 shares of the company’s stock after selling 414 shares during the period. Beacon Financial Group’s holdings in iShares S&P 500 Growth ETF were worth $914,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of IVW. International Assets Investment Management LLC grew its stake in iShares S&P 500 Growth ETF by 10,365.3% in the 3rd quarter. International Assets Investment Management LLC now owns 1,584,755 shares of the company’s stock worth $151,740,000 after acquiring an additional 1,569,612 shares during the period. The Manufacturers Life Insurance Company purchased a new stake in shares of iShares S&P 500 Growth ETF during the 3rd quarter valued at $82,464,000. Arvest Bank Trust Division purchased a new stake in shares of iShares S&P 500 Growth ETF during the 3rd quarter valued at $56,971,000. Strategic Financial Concepts LLC grew its stake in shares of iShares S&P 500 Growth ETF by 10,066.9% during the 4th quarter. Strategic Financial Concepts LLC now owns 425,892 shares of the company’s stock valued at $479,000 after buying an additional 421,703 shares during the period. Finally, Sanctuary Advisors LLC grew its stake in shares of iShares S&P 500 Growth ETF by 29.8% during the 3rd quarter. Sanctuary Advisors LLC now owns 1,412,222 shares of the company’s stock valued at $140,686,000 after buying an additional 324,178 shares during the period.

iShares S&P 500 Growth ETF Stock Down 0.2 %

Shares of NYSEARCA IVW opened at $105.05 on Thursday. iShares S&P 500 Growth ETF has a 52-week low of $79.07 and a 52-week high of $107.14. The firm has a fifty day moving average of $103.70 and a 200-day moving average of $98.02. The stock has a market capitalization of $55.04 billion, a PE ratio of 28.52 and a beta of 1.14.

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.