Courier Capital LLC Reduces Position in iShares S&P 500 Growth ETF $IVW

Courier Capital LLC lowered its position in iShares S&P 500 Growth ETF (NYSEARCA:IVWFree Report) by 0.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,019,483 shares of the company’s stock after selling 7,981 shares during the quarter. iShares S&P 500 Growth ETF makes up about 6.8% of Courier Capital LLC’s portfolio, making the stock its biggest position. Courier Capital LLC’s holdings in iShares S&P 500 Growth ETF were worth $112,245,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Elite Financial Inc. purchased a new stake in iShares S&P 500 Growth ETF during the first quarter worth $26,000. Flaharty Asset Management LLC purchased a new stake in iShares S&P 500 Growth ETF during the first quarter worth $26,000. Mechanics Financial Corp purchased a new stake in iShares S&P 500 Growth ETF during the first quarter worth $27,000. Mowery & Schoenfeld Wealth Management LLC purchased a new stake in iShares S&P 500 Growth ETF during the first quarter worth $33,000. Finally, Cloud Capital Management LLC purchased a new stake in iShares S&P 500 Growth ETF during the first quarter worth $36,000.

iShares S&P 500 Growth ETF Trading Up 2.1%

Shares of IVW opened at $120.73 on Tuesday. iShares S&P 500 Growth ETF has a 12 month low of $79.31 and a 12 month high of $122.66. The stock has a fifty day moving average price of $117.57 and a 200-day moving average price of $107.52. The firm has a market cap of $65.74 billion, a PE ratio of 33.33 and a beta of 1.05.

About iShares S&P 500 Growth ETF

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for iShares S&P 500 Growth ETF (NYSEARCA:IVW)

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