iShares S&P 500 Growth ETF $IVW Shares Sold by Rehmann Capital Advisory Group

Rehmann Capital Advisory Group lessened its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 0.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,114,316 shares of the company’s stock after selling 6,667 shares during the quarter. iShares S&P 500 Growth ETF accounts for approximately 7.2% of Rehmann Capital Advisory Group’s portfolio, making the stock its 2nd largest position. Rehmann Capital Advisory Group’s holdings in iShares S&P 500 Growth ETF were worth $138,045,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Strive Financial Group LLC bought a new position in shares of iShares S&P 500 Growth ETF in the fourth quarter valued at $26,000. Decker Retirement Planning Inc. bought a new stake in shares of iShares S&P 500 Growth ETF during the fourth quarter worth about $28,000. Financial Network Wealth Advisors LLC increased its position in shares of iShares S&P 500 Growth ETF by 174.4% during the fourth quarter. Financial Network Wealth Advisors LLC now owns 225 shares of the company’s stock worth $28,000 after acquiring an additional 143 shares in the last quarter. Turning Point Benefit Group Inc. acquired a new stake in shares of iShares S&P 500 Growth ETF in the 3rd quarter worth about $28,000. Finally, Darwin Wealth Management LLC acquired a new stake in shares of iShares S&P 500 Growth ETF in the 2nd quarter worth about $30,000.

iShares S&P 500 Growth ETF Stock Performance

Shares of NYSEARCA IVW opened at $137.96 on Friday. iShares S&P 500 Growth ETF has a fifty-two week low of $104.21 and a fifty-two week high of $141.98. The stock has a market cap of $74.77 billion, a price-to-earnings ratio of 33.33 and a beta of 1.17. The firm’s 50-day simple moving average is $133.56 and its 200 day simple moving average is $125.28.

About iShares S&P 500 Growth ETF

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.