JFS Wealth Advisors LLC Sells 4,839 Shares of iShares S&P 500 Growth ETF $IVW

JFS Wealth Advisors LLC trimmed its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 3.4% during the second quarter, HoldingsChannel.com reports. The fund owned 136,636 shares of the company’s stock after selling 4,839 shares during the period. iShares S&P 500 Growth ETF makes up approximately 0.9% of JFS Wealth Advisors LLC’s investment portfolio, making the stock its 23rd biggest holding. JFS Wealth Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $18,792,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Strive Financial Group LLC acquired a new position in iShares S&P 500 Growth ETF during the fourth quarter valued at approximately $26,000. Decker Retirement Planning Inc. acquired a new stake in iShares S&P 500 Growth ETF in the fourth quarter worth $28,000. Financial Network Wealth Advisors LLC raised its holdings in iShares S&P 500 Growth ETF by 174.4% in the fourth quarter. Financial Network Wealth Advisors LLC now owns 225 shares of the company’s stock worth $28,000 after purchasing an additional 143 shares during the period. Turning Point Benefit Group Inc. bought a new position in shares of iShares S&P 500 Growth ETF during the third quarter worth $28,000. Finally, Darwin Wealth Management LLC bought a new position in shares of iShares S&P 500 Growth ETF during the second quarter worth $30,000.

iShares S&P 500 Growth ETF Stock Down 0.6%

Shares of IVW stock opened at $140.86 on Wednesday. iShares S&P 500 Growth ETF has a 12-month low of $108.13 and a 12-month high of $143.26. The firm has a market capitalization of $76.90 billion, a price-to-earnings ratio of 33.33 and a beta of 1.17. The firm has a fifty day moving average of $136.31 and a 200-day moving average of $128.60.

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. 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.