Sterling Investment Counsel LLC Reduces Holdings in iShares S&P 500 Growth ETF $IVW

Sterling Investment Counsel LLC lessened its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 40.7% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 175,732 shares of the company’s stock after selling 120,598 shares during the period. iShares S&P 500 Growth ETF comprises about 11.3% of Sterling Investment Counsel LLC’s portfolio, making the stock its largest holding. Sterling Investment Counsel LLC’s holdings in iShares S&P 500 Growth ETF were worth $19,348,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. NBC Securities Inc. raised its stake in iShares S&P 500 Growth ETF by 108,600.0% in the first quarter. NBC Securities Inc. now owns 2,174 shares of the company’s stock valued at $201,000 after buying an additional 2,172 shares during the period. Whipplewood Advisors LLC acquired a new position in shares of iShares S&P 500 Growth ETF during the 1st quarter worth approximately $32,000. Secure Asset Management LLC increased its holdings in shares of iShares S&P 500 Growth ETF by 6.5% during the 1st quarter. Secure Asset Management LLC now owns 4,059 shares of the company’s stock worth $377,000 after acquiring an additional 249 shares during the last quarter. Beacon Financial Group raised its stake in iShares S&P 500 Growth ETF by 17.6% in the 1st quarter. Beacon Financial Group now owns 10,590 shares of the company’s stock valued at $983,000 after acquiring an additional 1,584 shares during the period. Finally, Cypress Wealth Services LLC lifted its holdings in iShares S&P 500 Growth ETF by 5.9% during the 1st quarter. Cypress Wealth Services LLC now owns 182,008 shares of the company’s stock valued at $16,896,000 after purchasing an additional 10,084 shares during the last quarter.

iShares S&P 500 Growth ETF Price Performance

NYSEARCA:IVW opened at $121.40 on Friday. iShares S&P 500 Growth ETF has a one year low of $79.31 and a one year high of $121.92. The company has a market cap of $66.52 billion, a P/E ratio of 33.33 and a beta of 1.05. The firm’s fifty day moving average price is $116.54 and its two-hundred day moving average price is $106.10.

iShares S&P 500 Growth ETF 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.