SPC Financial Inc. Has $24.06 Million Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

SPC Financial Inc. reduced its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 236,940 shares of the company’s stock after selling 3,493 shares during the period. iShares S&P 500 Growth ETF comprises about 2.1% of SPC Financial Inc.’s investment portfolio, making the stock its 13th largest holding. SPC Financial Inc.’s holdings in iShares S&P 500 Growth ETF were worth $24,057,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the company. The Manufacturers Life Insurance Company bought a new stake in iShares S&P 500 Growth ETF during the third quarter worth about $82,464,000. Arvest Bank Trust Division bought a new stake in iShares S&P 500 Growth ETF during the third quarter worth about $56,971,000. Strategic Financial Concepts LLC raised its holdings in iShares S&P 500 Growth ETF by 10,066.9% during the fourth quarter. Strategic Financial Concepts LLC now owns 425,892 shares of the company’s stock worth $479,000 after acquiring an additional 421,703 shares in the last quarter. Sanctuary Advisors LLC raised its holdings in iShares S&P 500 Growth ETF by 29.8% during the third quarter. Sanctuary Advisors LLC now owns 1,412,222 shares of the company’s stock worth $140,686,000 after acquiring an additional 324,178 shares in the last quarter. Finally, LPL Financial LLC raised its holdings in iShares S&P 500 Growth ETF by 1.7% during the third 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 in the last quarter.

iShares S&P 500 Growth ETF Stock Performance

IVW opened at $97.71 on Wednesday. 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 market capitalization of $54.52 billion, a PE ratio of 33.87 and a beta of 1.07. The business’s 50-day simple moving average is $103.58 and its 200 day simple moving average is $99.55.

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.