Sunbelt Securities Inc. Has $22.42 Million Stake in iShares S&P 500 Growth ETF $IVW

Sunbelt Securities Inc. cut its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 2.7% in the 4th quarter, HoldingsChannel reports. The fund owned 181,864 shares of the company’s stock after selling 5,091 shares during the quarter. iShares S&P 500 Growth ETF accounts for 1.5% of Sunbelt Securities Inc.’s portfolio, making the stock its 8th biggest position. Sunbelt Securities Inc.’s holdings in iShares S&P 500 Growth ETF were worth $22,417,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Brookstone Capital Management boosted its holdings in iShares S&P 500 Growth ETF by 5.7% in the fourth quarter. Brookstone Capital Management now owns 237,167 shares of the company’s stock valued at $29,233,000 after acquiring an additional 12,778 shares in the last quarter. Capital Advantage Inc. lifted its position in shares of iShares S&P 500 Growth ETF by 40.9% in the 4th quarter. Capital Advantage Inc. now owns 25,498 shares of the company’s stock worth $3,143,000 after purchasing an additional 7,396 shares during the period. Meridian Wealth Advisors LLC lifted its position in shares of iShares S&P 500 Growth ETF by 75.0% in the 3rd quarter. Meridian Wealth Advisors LLC now owns 41,747 shares of the company’s stock worth $5,040,000 after purchasing an additional 17,896 shares during the period. Embree Financial Group boosted its stake in shares of iShares S&P 500 Growth ETF by 61.2% during the 4th quarter. Embree Financial Group now owns 61,699 shares of the company’s stock valued at $7,605,000 after purchasing an additional 23,416 shares in the last quarter. Finally, Lido Advisors LLC boosted its stake in shares of iShares S&P 500 Growth ETF by 6.5% during the 3rd quarter. Lido Advisors LLC now owns 3,639,449 shares of the company’s stock valued at $439,354,000 after purchasing an additional 221,311 shares in the last quarter.

iShares S&P 500 Growth ETF Price Performance

Shares of NYSEARCA IVW opened at $137.96 on Friday. iShares S&P 500 Growth ETF has a 1 year low of $104.21 and a 1 year high of $141.98. The stock has a market capitalization of $74.77 billion, a P/E ratio of 33.33 and a beta of 1.17. The company’s 50-day moving average is $133.19 and its 200 day moving average is $125.20.

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. The Growth Index is a subset of the S&P 500 and consists of those stocks in the S&P 500 exhibiting the strongest growth characteristics.