Strategic Financial Concepts LLC Has $434,000 Holdings in iShares S&P 500 Growth ETF $IVW

Strategic Financial Concepts LLC lessened its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 15.6% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,946 shares of the company’s stock after selling 727 shares during the quarter. Strategic Financial Concepts LLC’s holdings in iShares S&P 500 Growth ETF were worth $434,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of IVW. DAVENPORT & Co LLC raised its stake in iShares S&P 500 Growth ETF by 45.3% during the first quarter. DAVENPORT & Co LLC now owns 18,578 shares of the company’s stock worth $1,725,000 after acquiring an additional 5,796 shares in the last quarter. Bank of New York Mellon Corp raised its stake in iShares S&P 500 Growth ETF by 6.4% during the first quarter. Bank of New York Mellon Corp now owns 1,724,958 shares of the company’s stock worth $160,128,000 after acquiring an additional 103,764 shares in the last quarter. HM Payson & Co. raised its stake in iShares S&P 500 Growth ETF by 3.6% during the first quarter. HM Payson & Co. now owns 18,170 shares of the company’s stock worth $1,687,000 after acquiring an additional 625 shares in the last quarter. REDW Wealth LLC raised its stake in iShares S&P 500 Growth ETF by 5.9% during the first quarter. REDW Wealth LLC now owns 16,453 shares of the company’s stock worth $1,527,000 after acquiring an additional 915 shares in the last quarter. Finally, Compton Wealth Advisory Group LLC raised its stake in iShares S&P 500 Growth ETF by 0.7% during the first quarter. Compton Wealth Advisory Group LLC now owns 65,471 shares of the company’s stock worth $6,078,000 after acquiring an additional 487 shares in the last quarter.

iShares S&P 500 Growth ETF Trading Up 0.3%

Shares of NYSEARCA IVW opened at $124.79 on Monday. The company has a market cap of $67.75 billion, a price-to-earnings ratio of 33.33 and a beta of 1.11. iShares S&P 500 Growth ETF has a 12 month low of $79.31 and a 12 month high of $126.61. The stock has a 50-day moving average price of $119.74 and a two-hundred day moving average price of $110.92.

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.