Capital Advisors Inc. OK Reduces Stock Holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Capital Advisors Inc. OK cut its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 7.4% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 432,711 shares of the company’s stock after selling 34,528 shares during the quarter. Capital Advisors Inc. OK owned approximately 0.08% of iShares S&P 500 Growth ETF worth $41,432,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of IVW. CarsonAllaria Wealth Management Ltd. grew its stake in iShares S&P 500 Growth ETF by 45.5% in the first quarter. CarsonAllaria Wealth Management Ltd. now owns 400 shares of the company’s stock worth $34,000 after purchasing an additional 125 shares in the last quarter. 1620 Investment Advisors Inc. bought a new stake in shares of iShares S&P 500 Growth ETF in the 2nd quarter valued at approximately $34,000. Financial Connections Group Inc. bought a new position in iShares S&P 500 Growth ETF during the second quarter worth $35,000. GPS Wealth Strategies Group LLC lifted its stake in iShares S&P 500 Growth ETF by 91.3% during the second quarter. GPS Wealth Strategies Group LLC now owns 417 shares of the company’s stock worth $39,000 after purchasing an additional 199 shares during the last quarter. Finally, Davis Capital Management boosted its holdings in iShares S&P 500 Growth ETF by 78.4% in the third quarter. Davis Capital Management now owns 412 shares of the company’s stock worth $39,000 after purchasing an additional 181 shares during the period.

iShares S&P 500 Growth ETF Stock Performance

Shares of NYSEARCA:IVW opened at $95.80 on Friday. iShares S&P 500 Growth ETF has a 1-year low of $68.16 and a 1-year high of $98.68. The company’s fifty day moving average is $94.70 and its two-hundred day moving average is $91.00. The stock has a market capitalization of $50.19 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14.

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.