Modera Wealth Management LLC Decreases Stock Position in iShares S&P 500 Growth ETF $IVW

Modera Wealth Management LLC decreased its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 3.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 636,384 shares of the company’s stock after selling 20,540 shares during the quarter. Modera Wealth Management LLC owned 0.12% of iShares S&P 500 Growth ETF worth $71,981,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in IVW. Brookstone Capital Management grew its holdings in iShares S&P 500 Growth ETF by 5.7% during the 4th quarter. Brookstone Capital Management now owns 237,167 shares of the company’s stock worth $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% during the fourth 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 last quarter. Chatterton & Associates Inc. grew its stake in iShares S&P 500 Growth ETF by 33.5% in the first quarter. Chatterton & Associates Inc. now owns 44,180 shares of the company’s stock worth $5,306,000 after purchasing an additional 11,089 shares in the last quarter. Embree Financial Group grew its stake in iShares S&P 500 Growth ETF by 61.2% in the fourth quarter. Embree Financial Group now owns 61,699 shares of the company’s stock worth $7,605,000 after purchasing an additional 23,416 shares in the last quarter. Finally, Silver Oak Securities Incorporated increased its holdings in iShares S&P 500 Growth ETF by 270.9% in the fourth quarter. Silver Oak Securities Incorporated now owns 49,336 shares of the company’s stock valued at $6,126,000 after buying an additional 36,033 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Down 1.5%

NYSEARCA:IVW opened at $134.26 on Friday. The business’s 50 day moving average is $136.68 and its two-hundred day moving average is $127.04. iShares S&P 500 Growth ETF has a 52 week low of $108.13 and a 52 week high of $141.98. The company has a market cap of $73.16 billion, a PE ratio of 33.33 and a beta of 1.17.

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.