RDA Financial Network Lowers Holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

RDA Financial Network reduced its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 54.7% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,604 shares of the company’s stock after selling 4,355 shares during the quarter. RDA Financial Network’s holdings in iShares S&P 500 Growth ETF were worth $366,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of IVW. Davis Capital Management grew its position in shares of iShares S&P 500 Growth ETF by 78.4% during the 3rd quarter. Davis Capital Management now owns 412 shares of the company’s stock worth $39,000 after buying an additional 181 shares in the last quarter. Element Wealth LLC grew its holdings in iShares S&P 500 Growth ETF by 31.1% during the 3rd quarter. Element Wealth LLC now owns 577 shares of the company’s stock worth $55,000 after acquiring an additional 137 shares in the last quarter. Valued Wealth Advisors LLC grew its holdings in iShares S&P 500 Growth ETF by 160.2% during the 3rd quarter. Valued Wealth Advisors LLC now owns 601 shares of the company’s stock worth $58,000 after acquiring an additional 370 shares in the last quarter. Copley Financial Group Inc. purchased a new position in iShares S&P 500 Growth ETF during the 3rd quarter valued at about $64,000. Finally, ORG Wealth Partners LLC bought a new stake in shares of iShares S&P 500 Growth ETF in the 3rd quarter valued at about $66,000.

iShares S&P 500 Growth ETF Stock Performance

Shares of IVW opened at $103.83 on Friday. The stock has a market capitalization of $54.40 billion, a PE ratio of 28.52 and a beta of 1.14. The company has a 50 day moving average price of $102.10 and a 200-day moving average price of $96.62. iShares S&P 500 Growth ETF has a fifty-two week low of $75.62 and a fifty-two week high of $105.64.

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.