Goldstein Advisors LLC Cuts Holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Goldstein Advisors LLC lessened its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 7.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,184 shares of the company’s stock after selling 412 shares during the period. Goldstein Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $526,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. LPL Financial LLC lifted its holdings in shares of iShares S&P 500 Growth ETF by 1.7% in the 3rd quarter. LPL Financial LLC now owns 15,682,897 shares of the company’s stock worth $1,501,637,000 after acquiring an additional 255,991 shares during the last quarter. Stifel Financial Corp lifted its holdings in shares of iShares S&P 500 Growth ETF by 0.3% in the 3rd quarter. Stifel Financial Corp now owns 7,475,408 shares of the company’s stock worth $715,775,000 after acquiring an additional 22,565 shares during the last quarter. Ameriprise Financial Inc. lifted its holdings in shares of iShares S&P 500 Growth ETF by 6.8% in the 2nd quarter. Ameriprise Financial Inc. now owns 7,363,062 shares of the company’s stock worth $680,575,000 after acquiring an additional 467,356 shares during the last quarter. PNC Financial Services Group Inc. lifted its holdings in shares of iShares S&P 500 Growth ETF by 2.6% in the 3rd quarter. PNC Financial Services Group Inc. now owns 5,329,231 shares of the company’s stock worth $510,274,000 after acquiring an additional 134,169 shares during the last quarter. Finally, Park Avenue Securities LLC lifted its holdings in shares of iShares S&P 500 Growth ETF by 0.4% in the 4th quarter. Park Avenue Securities LLC now owns 3,817,542 shares of the company’s stock worth $387,595,000 after acquiring an additional 15,623 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Performance

Shares of IVW opened at $106.14 on Thursday. The firm has a market cap of $55.61 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a fifty-two week low of $77.20 and a fifty-two week high of $106.50. The firm has a 50 day moving average price of $102.39 and a 200-day moving average price of $96.91.

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.