iShares S&P 500 Growth ETF $IVW Shares Sold by Avidian Wealth Enterprises LLC

Avidian Wealth Enterprises LLC trimmed its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 13.3% during the 2nd quarter, Holdings Channel reports. The fund owned 38,542 shares of the company’s stock after selling 5,897 shares during the quarter. Avidian Wealth Enterprises LLC’s holdings in iShares S&P 500 Growth ETF were worth $4,244,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of IVW. Crews Bank & Trust grew its holdings in iShares S&P 500 Growth ETF by 21.6% during the first quarter. Crews Bank & Trust now owns 2,360 shares of the company’s stock worth $219,000 after acquiring an additional 420 shares during the period. Encompass Wealth Advisors LLC grew its holdings in iShares S&P 500 Growth ETF by 1.7% during the first quarter. Encompass Wealth Advisors LLC now owns 373,809 shares of the company’s stock worth $34,701,000 after acquiring an additional 6,245 shares during the period. M3 Advisory Group LLC grew its holdings in iShares S&P 500 Growth ETF by 11.1% during the first quarter. M3 Advisory Group LLC now owns 2,778 shares of the company’s stock worth $258,000 after acquiring an additional 278 shares during the period. 5T Wealth LLC grew its holdings in iShares S&P 500 Growth ETF by 14.8% during the first quarter. 5T Wealth LLC now owns 25,069 shares of the company’s stock worth $2,327,000 after acquiring an additional 3,237 shares during the period. Finally, Continuum Advisory LLC grew its holdings in iShares S&P 500 Growth ETF by 2.4% during the first quarter. Continuum Advisory LLC now owns 6,560 shares of the company’s stock worth $609,000 after acquiring an additional 155 shares during the period.

iShares S&P 500 Growth ETF Trading Up 0.8%

Shares of IVW stock opened at $121.42 on Tuesday. The company has a market capitalization of $66.03 billion, a P/E ratio of 33.33 and a beta of 1.05. The business’s 50 day moving average is $118.19 and its two-hundred day moving average is $108.56. iShares S&P 500 Growth ETF has a 12-month low of $79.31 and a 12-month high of $122.66.

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.