iShares S&P 500 Growth ETF $IVW Stock: Lighthouse Financial LLC Lowers Position

Lighthouse Financial LLC cut its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 20.0% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 18,580 shares of the company’s stock after selling 4,634 shares during the quarter. iShares S&P 500 Growth ETF makes up 1.2% of Lighthouse Financial LLC’s investment portfolio, making the stock its 22nd largest position. Lighthouse Financial LLC’s holdings in iShares S&P 500 Growth ETF were worth $2,643,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Gibson Capital LLC purchased a new stake in shares of iShares S&P 500 Growth ETF in the third quarter valued at $1,253,000. Wedbush Securities Inc. increased its stake in iShares S&P 500 Growth ETF by 69.8% in the third quarter. Wedbush Securities Inc. now owns 28,673 shares of the company’s stock valued at $4,079,000 after purchasing an additional 11,783 shares during the last quarter. Fifth Third Wealth Advisors LLC lifted its position in iShares S&P 500 Growth ETF by 5.6% during the third quarter. Fifth Third Wealth Advisors LLC now owns 25,181 shares of the company’s stock worth $3,582,000 after buying an additional 1,340 shares during the period. Christensen King & Associates Investment Services Inc. lifted its position in iShares S&P 500 Growth ETF by 5.1% during the third quarter. Christensen King & Associates Investment Services Inc. now owns 4,179 shares of the company’s stock worth $595,000 after buying an additional 201 shares during the period. Finally, BIP Wealth LLC lifted its position in iShares S&P 500 Growth ETF by 1.0% during the third quarter. BIP Wealth LLC now owns 27,006 shares of the company’s stock worth $3,842,000 after buying an additional 256 shares during the period.

iShares S&P 500 Growth ETF Trading Down 0.5%

Shares of NYSEARCA:IVW opened at $136.48 on Friday. The stock’s 50-day moving average price is $140.85 and its two-hundred day moving average price is $136.64. iShares S&P 500 Growth ETF has a 12-month low of $108.13 and a 12-month high of $146.83. The firm has a market cap of $75.50 billion, a price-to-earnings 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.