Valley Wealth Managers Inc. Has $4.72 Million Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Valley Wealth Managers Inc. cut its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 49,263 shares of the company’s stock after selling 942 shares during the period. Valley Wealth Managers Inc.’s holdings in iShares S&P 500 Growth ETF were worth $4,717,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the company. Signature Estate & Investment Advisors LLC increased its position in iShares S&P 500 Growth ETF by 16.0% during the third quarter. Signature Estate & Investment Advisors LLC now owns 73,192 shares of the company’s stock worth $7,008,000 after acquiring an additional 10,119 shares during the period. Kapstone Financial Advisors LLC grew its position in shares of iShares S&P 500 Growth ETF by 3.3% during the 3rd quarter. Kapstone Financial Advisors LLC now owns 30,559 shares of the company’s stock worth $2,911,000 after purchasing an additional 973 shares in the last quarter. Huntington National Bank increased its holdings in shares of iShares S&P 500 Growth ETF by 0.3% during the third quarter. Huntington National Bank now owns 2,560,058 shares of the company’s stock worth $245,126,000 after purchasing an additional 7,447 shares during the period. Axim Planning & Wealth raised its position in shares of iShares S&P 500 Growth ETF by 18.7% in the third quarter. Axim Planning & Wealth now owns 3,734 shares of the company’s stock valued at $358,000 after buying an additional 587 shares in the last quarter. Finally, Schrum Private Wealth Management LLC boosted its stake in shares of iShares S&P 500 Growth ETF by 128.6% in the third quarter. Schrum Private Wealth Management LLC now owns 5,862 shares of the company’s stock valued at $561,000 after buying an additional 3,298 shares during the period.

iShares S&P 500 Growth ETF Stock Down 1.1 %

Shares of NYSEARCA:IVW traded down $1.09 during trading on Friday, reaching $99.25. 103,242 shares of the company traded hands, compared to its average volume of 2,901,033. The firm has a market capitalization of $52.00 billion, a PE ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a 52 week low of $71.68 and a 52 week high of $101.55. The company’s 50 day moving average is $96.06 and its two-hundred day moving average is $92.15.

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.