Raleigh Capital Management Inc. Sells 793 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Raleigh Capital Management Inc. trimmed its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 3.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 20,492 shares of the company’s stock after selling 793 shares during the quarter. iShares S&P 500 Growth ETF accounts for 0.8% of Raleigh Capital Management Inc.’s holdings, making the stock its 27th largest holding. Raleigh Capital Management Inc.’s holdings in iShares S&P 500 Growth ETF were worth $2,081,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Vanguard Personalized Indexing Management LLC boosted its position in iShares S&P 500 Growth ETF by 41.2% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 6,410 shares of the company’s stock valued at $593,000 after acquiring an additional 1,869 shares in the last quarter. Summit Trail Advisors LLC bought a new stake in iShares S&P 500 Growth ETF during the second quarter valued at about $281,000. Insigneo Advisory Services LLC purchased a new position in iShares S&P 500 Growth ETF in the second quarter valued at about $329,000. Wescott Financial Advisory Group LLC raised its holdings in iShares S&P 500 Growth ETF by 20.2% in the second quarter. Wescott Financial Advisory Group LLC now owns 69,552 shares of the company’s stock worth $6,436,000 after purchasing an additional 11,691 shares in the last quarter. Finally, Wick Capital Partners LLC purchased a new stake in shares of iShares S&P 500 Growth ETF during the second quarter valued at about $432,000.

iShares S&P 500 Growth ETF Stock Performance

NYSEARCA:IVW opened at $106.14 on Thursday. The stock has a market capitalization of $55.61 billion, a P/E ratio of 28.52 and a beta of 1.14. The company’s 50-day simple moving average is $102.39 and its 200-day simple moving average is $96.91. iShares S&P 500 Growth ETF has a fifty-two week low of $77.20 and a fifty-two week high of $106.50.

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.