SteelPeak Wealth LLC Cuts Stock Holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

SteelPeak Wealth LLC lessened its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 4.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 300,179 shares of the company’s stock after selling 12,404 shares during the quarter. iShares S&P 500 Growth ETF accounts for about 1.2% of SteelPeak Wealth LLC’s holdings, making the stock its 17th biggest position. SteelPeak Wealth LLC owned approximately 0.06% of iShares S&P 500 Growth ETF worth $30,477,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Dakota Wealth Management boosted its holdings in iShares S&P 500 Growth ETF by 1.2% during the fourth quarter. Dakota Wealth Management now owns 7,935 shares of the company’s stock worth $806,000 after buying an additional 97 shares in the last quarter. waypoint wealth counsel lifted its position in shares of iShares S&P 500 Growth ETF by 0.4% during the 4th quarter. waypoint wealth counsel now owns 27,282 shares of the company’s stock valued at $2,770,000 after acquiring an additional 99 shares during the period. Gradient Investments LLC boosted its stake in shares of iShares S&P 500 Growth ETF by 2.7% during the 4th quarter. Gradient Investments LLC now owns 3,901 shares of the company’s stock worth $396,000 after acquiring an additional 103 shares in the last quarter. Boston Family Office LLC grew its holdings in shares of iShares S&P 500 Growth ETF by 0.4% in the 3rd quarter. Boston Family Office LLC now owns 26,064 shares of the company’s stock worth $2,496,000 after acquiring an additional 105 shares during the period. Finally, Inspire Advisors LLC increased its stake in iShares S&P 500 Growth ETF by 4.4% in the 3rd quarter. Inspire Advisors LLC now owns 2,602 shares of the company’s stock valued at $249,000 after purchasing an additional 109 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Performance

Shares of IVW stock opened at $104.48 on Wednesday. The stock has a market cap of $54.74 billion, a PE ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a 1 year low of $77.20 and a 1 year high of $107.14. The stock has a fifty day moving average price of $102.75 and a 200 day moving average price of $97.11.

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.