Arete Wealth Advisors LLC Trims Stock Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Arete Wealth Advisors LLC lessened its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 21.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 21,328 shares of the company’s stock after selling 5,905 shares during the period. Arete Wealth Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $2,034,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also modified their holdings of the company. 1620 Investment Advisors Inc. purchased a new position in shares of iShares S&P 500 Growth ETF during the 2nd quarter valued at about $34,000. Financial Connections Group Inc. purchased a new position in iShares S&P 500 Growth ETF during the second quarter valued at approximately $35,000. GPS Wealth Strategies Group LLC increased its holdings in shares of iShares S&P 500 Growth ETF by 91.3% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 417 shares of the company’s stock valued at $39,000 after purchasing an additional 199 shares in the last quarter. Davis Capital Management increased its holdings in shares of iShares S&P 500 Growth ETF by 78.4% during the 3rd quarter. Davis Capital Management now owns 412 shares of the company’s stock valued at $39,000 after purchasing an additional 181 shares in the last quarter. Finally, Rosenberg Matthew Hamilton increased its holdings in shares of iShares S&P 500 Growth ETF by 37.1% during the 2nd quarter. Rosenberg Matthew Hamilton now owns 499 shares of the company’s stock valued at $47,000 after purchasing an additional 135 shares in the last quarter.

iShares S&P 500 Growth ETF Price Performance

NYSEARCA:IVW opened at $103.15 on Wednesday. iShares S&P 500 Growth ETF has a 1-year low of $72.69 and a 1-year high of $104.15. The company has a 50 day moving average price of $98.60 and a 200-day moving average price of $94.19. The firm has a market cap of $54.04 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14.

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.