MV Capital Management Inc. Sells 5,019 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

MV Capital Management Inc. lowered its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 342,386 shares of the company’s stock after selling 5,019 shares during the period. iShares S&P 500 Growth ETF accounts for 3.7% of MV Capital Management Inc.’s portfolio, making the stock its 5th largest position. MV Capital Management Inc. owned 0.07% of iShares S&P 500 Growth ETF worth $34,762,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently bought and sold shares of IVW. Strategic Financial Concepts LLC lifted its position in iShares S&P 500 Growth ETF by 10,066.9% during the 4th quarter. Strategic Financial Concepts LLC now owns 425,892 shares of the company’s stock valued at $479,000 after purchasing an additional 421,703 shares during the period. Advyzon Investment Management LLC bought a new stake in shares of iShares S&P 500 Growth ETF during the fourth quarter worth approximately $420,000. Encompass Wealth Advisors LLC lifted its holdings in iShares S&P 500 Growth ETF by 2.0% in the fourth quarter. Encompass Wealth Advisors LLC now owns 367,564 shares of the company’s stock valued at $37,319,000 after buying an additional 7,349 shares during the period. Perigon Wealth Management LLC boosted its stake in iShares S&P 500 Growth ETF by 3.9% in the fourth quarter. Perigon Wealth Management LLC now owns 104,980 shares of the company’s stock valued at $10,760,000 after acquiring an additional 3,942 shares during the last quarter. Finally, Amundi boosted its stake in iShares S&P 500 Growth ETF by 464.0% in the fourth quarter. Amundi now owns 13,711 shares of the company’s stock valued at $1,392,000 after acquiring an additional 11,280 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Performance

Shares of iShares S&P 500 Growth ETF stock opened at $92.55 on Friday. The firm has a fifty day moving average of $100.81 and a two-hundred day moving average of $99.80. The stock has a market capitalization of $50.94 billion, a price-to-earnings 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.

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.