Carmichael Hill & Associates Inc. Decreases Holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Carmichael Hill & Associates Inc. cut its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 3.5% during the 3rd quarter, HoldingsChannel reports. The firm owned 3,022 shares of the company’s stock after selling 111 shares during the quarter. Carmichael Hill & Associates Inc.’s holdings in iShares S&P 500 Growth ETF were worth $289,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Foster Victor Wealth Advisors LLC purchased a new position in iShares S&P 500 Growth ETF in the 2nd quarter worth approximately $226,000. FineMark National Bank & Trust lifted its holdings in iShares S&P 500 Growth ETF by 4.8% in the 2nd quarter. FineMark National Bank & Trust now owns 71,052 shares of the company’s stock worth $6,575,000 after buying an additional 3,279 shares in the last quarter. Choreo LLC boosted its position in iShares S&P 500 Growth ETF by 13.8% in the 2nd quarter. Choreo LLC now owns 506,741 shares of the company’s stock valued at $47,239,000 after buying an additional 61,420 shares during the last quarter. Adaptive Financial Consulting LLC boosted its position in iShares S&P 500 Growth ETF by 1.2% in the 2nd quarter. Adaptive Financial Consulting LLC now owns 195,869 shares of the company’s stock valued at $18,126,000 after buying an additional 2,383 shares during the last quarter. Finally, MainStreet Investment Advisors LLC grew its stake in shares of iShares S&P 500 Growth ETF by 21.2% during the second quarter. MainStreet Investment Advisors LLC now owns 5,037 shares of the company’s stock valued at $466,000 after acquiring an additional 880 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Performance

Shares of NYSEARCA IVW opened at $95.80 on Friday. The firm has a market cap of $50.19 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a 1 year low of $68.16 and a 1 year high of $98.68. The stock’s 50-day simple moving average is $94.70 and its 200-day simple moving average is $91.06.

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.