Blackston Financial Advisory Group LLC Sells 1,724 Shares of iShares S&P 500 Growth ETF $IVW

Blackston Financial Advisory Group LLC trimmed its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 26.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,793 shares of the company’s stock after selling 1,724 shares during the period. Blackston Financial Advisory Group LLC’s holdings in iShares S&P 500 Growth ETF were worth $528,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. LPL Financial LLC boosted its position in iShares S&P 500 Growth ETF by 5.5% during the 1st quarter. LPL Financial LLC now owns 18,929,345 shares of the company’s stock valued at $1,757,211,000 after acquiring an additional 988,955 shares in the last quarter. Goldman Sachs Group Inc. lifted its stake in shares of iShares S&P 500 Growth ETF by 4.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 6,639,595 shares of the company’s stock valued at $616,354,000 after purchasing an additional 279,859 shares during the period. Commonwealth Equity Services LLC boosted its position in shares of iShares S&P 500 Growth ETF by 1.9% during the second quarter. Commonwealth Equity Services LLC now owns 3,599,847 shares of the company’s stock valued at $396,343,000 after purchasing an additional 66,596 shares in the last quarter. Cetera Investment Advisers boosted its position in shares of iShares S&P 500 Growth ETF by 7.9% during the first quarter. Cetera Investment Advisers now owns 3,465,787 shares of the company’s stock valued at $321,729,000 after purchasing an additional 253,383 shares in the last quarter. Finally, NewEdge Advisors LLC grew its stake in iShares S&P 500 Growth ETF by 8.0% in the first quarter. NewEdge Advisors LLC now owns 2,006,853 shares of the company’s stock worth $186,296,000 after purchasing an additional 149,006 shares during the period.

iShares S&P 500 Growth ETF Trading Down 0.2%

IVW opened at $121.54 on Monday. The company has a market cap of $65.98 billion, a price-to-earnings ratio of 33.33 and a beta of 1.11. The stock has a fifty day simple moving average of $120.51 and a two-hundred day simple moving average of $112.15. iShares S&P 500 Growth ETF has a 12-month low of $79.31 and a 12-month high of $126.61.

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.