iShares S&P 500 Growth ETF (NYSEARCA:IVW) Stake Lessened by Motiv8 Investments LLC

Motiv8 Investments LLC lessened its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 5.7% during the 4th quarter, HoldingsChannel reports. The firm owned 2,436 shares of the company’s stock after selling 147 shares during the quarter. Motiv8 Investments LLC’s holdings in iShares S&P 500 Growth ETF were worth $247,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. BankPlus Trust Department acquired a new stake in iShares S&P 500 Growth ETF in the 4th quarter valued at approximately $36,000. Hantz Financial Services Inc. bought a new stake in iShares S&P 500 Growth ETF in the 4th quarter valued at $40,000. Compass Financial Services Inc acquired a new stake in iShares S&P 500 Growth ETF in the 4th quarter worth $40,000. POM Investment Strategies LLC increased its holdings in shares of iShares S&P 500 Growth ETF by 194.8% during the 4th quarter. POM Investment Strategies LLC now owns 457 shares of the company’s stock worth $46,000 after purchasing an additional 302 shares during the period. Finally, Valued Wealth Advisors LLC raised its position in shares of iShares S&P 500 Growth ETF by 160.2% during the third quarter. Valued Wealth Advisors LLC now owns 601 shares of the company’s stock valued at $58,000 after buying an additional 370 shares during the last quarter.

iShares S&P 500 Growth ETF Trading Up 0.7 %

Shares of IVW stock opened at $102.01 on Thursday. The company has a market capitalization of $56.92 billion, a P/E ratio of 33.87 and a beta of 1.07. iShares S&P 500 Growth ETF has a 12 month low of $79.07 and a 12 month high of $107.14. The stock has a 50 day moving average of $103.91 and a two-hundred day moving average of $99.26.

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.