Rollins Financial Advisors LLC Reduces Stock Holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Rollins Financial Advisors LLC reduced its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 10.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 64,338 shares of the company’s stock after selling 7,179 shares during the quarter. iShares S&P 500 Growth ETF makes up about 1.0% of Rollins Financial Advisors LLC’s holdings, making the stock its 21st largest position. Rollins Financial Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $6,532,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the company. Quadrature Capital Ltd bought a new position in iShares S&P 500 Growth ETF in the 3rd quarter worth approximately $438,000. SGL Investment Advisors Inc. purchased a new stake in shares of iShares S&P 500 Growth ETF during the third quarter worth $3,995,000. MidWestOne Financial Group Inc. boosted its holdings in shares of iShares S&P 500 Growth ETF by 10.4% in the third quarter. MidWestOne Financial Group Inc. now owns 4,435 shares of the company’s stock worth $425,000 after acquiring an additional 419 shares during the period. Sunbelt Securities Inc. grew its position in shares of iShares S&P 500 Growth ETF by 1.5% in the third quarter. Sunbelt Securities Inc. now owns 183,514 shares of the company’s stock valued at $17,572,000 after purchasing an additional 2,728 shares in the last quarter. Finally, Hobbs Group Advisors LLC grew its position in shares of iShares S&P 500 Growth ETF by 19.6% in the third quarter. Hobbs Group Advisors LLC now owns 1,335 shares of the company’s stock valued at $128,000 after purchasing an additional 219 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Up 0.5 %

Shares of NYSEARCA IVW opened at $84.05 on Tuesday. The company has a market cap of $46.27 billion, a P/E ratio of 30.22 and a beta of 1.08. iShares S&P 500 Growth ETF has a 52 week low of $79.07 and a 52 week high of $107.14. The business has a 50-day simple moving average of $98.96 and a two-hundred day simple moving average of $99.76.

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.