iShares S&P 500 Growth ETF (NYSEARCA:IVW) Shares Sold by Flagstar Advisors Inc.

Flagstar Advisors Inc. decreased its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 4.8% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 46,704 shares of the company’s stock after selling 2,330 shares during the quarter. iShares S&P 500 Growth ETF accounts for approximately 1.1% of Flagstar Advisors Inc.’s holdings, making the stock its 25th largest position. Flagstar Advisors Inc.’s holdings in iShares S&P 500 Growth ETF were worth $3,944,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Financial Connections Group Inc. acquired a new position in shares of iShares S&P 500 Growth ETF in the 4th quarter worth approximately $28,000. Goodwin Investment Advisory acquired a new position in iShares S&P 500 Growth ETF during the 4th quarter valued at approximately $29,000. Life Planning Partners Inc acquired a new position in iShares S&P 500 Growth ETF during the 4th quarter valued at approximately $32,000. Northwest Financial Advisors acquired a new position in iShares S&P 500 Growth ETF during the 4th quarter valued at approximately $38,000. Finally, Ruedi Wealth Management Inc. boosted its position in iShares S&P 500 Growth ETF by 1,361.4% during the 4th quarter. Ruedi Wealth Management Inc. now owns 643 shares of the company’s stock valued at $48,000 after purchasing an additional 599 shares during the period.

iShares S&P 500 Growth ETF Price Performance

NYSEARCA:IVW traded up $0.45 during midday trading on Wednesday, reaching $92.97. 2,642,012 shares of the company traded hands, compared to its average volume of 3,416,385. iShares S&P 500 Growth ETF has a twelve month low of $65.53 and a twelve month high of $93.81. The firm has a market capitalization of $48.71 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. The company has a fifty day moving average price of $86.55 and a 200 day moving average price of $82.20.

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.