Archer Investment Corp Sells 162 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Archer Investment Corp lessened its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 13.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,014 shares of the company’s stock after selling 162 shares during the quarter. Archer Investment Corp’s holdings in iShares S&P 500 Growth ETF were worth $76,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Western Wealth Management LLC lifted its position in shares of iShares S&P 500 Growth ETF by 2.8% during the 3rd quarter. Western Wealth Management LLC now owns 229,483 shares of the company’s stock valued at $15,701,000 after buying an additional 6,320 shares during the last quarter. TrueWealth Advisors LLC purchased a new position in shares of iShares S&P 500 Growth ETF during the 3rd quarter valued at $204,000. Dfpg Investments LLC lifted its position in shares of iShares S&P 500 Growth ETF by 15.0% during the 4th quarter. Dfpg Investments LLC now owns 17,478 shares of the company’s stock valued at $1,281,000 after buying an additional 2,277 shares during the last quarter. Northern Trust Corp lifted its position in shares of iShares S&P 500 Growth ETF by 1.4% during the 3rd quarter. Northern Trust Corp now owns 586,956 shares of the company’s stock valued at $40,160,000 after buying an additional 8,195 shares during the last quarter. Finally, Riverwater Partners LLC purchased a new position in shares of iShares S&P 500 Growth ETF during the 3rd quarter valued at $225,000.

iShares S&P 500 Growth ETF Price Performance

Shares of NYSEARCA IVW opened at $81.60 on Thursday. The business’s fifty day moving average price is $83.08 and its 200-day moving average price is $76.49. The stock has a market capitalization of $42.82 billion, a PE ratio of 28.34 and a beta of 1.10. iShares S&P 500 Growth ETF has a one year low of $63.10 and a one year high of $85.56.

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.