Townsquare Capital LLC Has $17 Million Stock Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Townsquare Capital LLC cut its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 0.1% in the 3rd quarter, HoldingsChannel reports. The fund owned 177,548 shares of the company’s stock after selling 156 shares during the period. Townsquare Capital LLC’s holdings in iShares S&P 500 Growth ETF were worth $17,000,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. 1620 Investment Advisors Inc. bought a new stake in iShares S&P 500 Growth ETF during the 2nd quarter worth approximately $34,000. Financial Connections Group Inc. purchased a new position in shares of iShares S&P 500 Growth ETF during the second quarter valued at approximately $35,000. GPS Wealth Strategies Group LLC boosted its position in shares of iShares S&P 500 Growth ETF by 91.3% during the second quarter. GPS Wealth Strategies Group LLC now owns 417 shares of the company’s stock valued at $39,000 after buying an additional 199 shares during the last quarter. Davis Capital Management grew its holdings in iShares S&P 500 Growth ETF by 78.4% during the third quarter. Davis Capital Management now owns 412 shares of the company’s stock worth $39,000 after buying an additional 181 shares in the last quarter. Finally, Avondale Wealth Management raised its position in iShares S&P 500 Growth ETF by 56.1% in the 2nd quarter. Avondale Wealth Management now owns 434 shares of the company’s stock valued at $40,000 after buying an additional 156 shares during the last quarter.

iShares S&P 500 Growth ETF Trading Up 1.0 %

Shares of NYSEARCA:IVW opened at $100.66 on Wednesday. The stock has a market cap of $52.74 billion, a PE ratio of 28.52 and a beta of 1.14. The stock’s fifty day simple moving average is $97.34 and its two-hundred day simple moving average is $93.19. iShares S&P 500 Growth ETF has a 1-year low of $71.93 and a 1-year high of $101.55.

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.