Praetorian Wealth Management Inc. Has $75.60 Million Stock Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Praetorian Wealth Management Inc. decreased its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 0.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 744,601 shares of the company’s stock after selling 5,435 shares during the quarter. iShares S&P 500 Growth ETF comprises 18.4% of Praetorian Wealth Management Inc.’s holdings, making the stock its largest holding. Praetorian Wealth Management Inc. owned 0.14% of iShares S&P 500 Growth ETF worth $75,599,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of IVW. PFG Investments LLC grew its holdings in iShares S&P 500 Growth ETF by 63.5% during the second quarter. PFG Investments LLC now owns 5,370 shares of the company’s stock worth $497,000 after buying an additional 2,085 shares in the last quarter. Wedbush Securities Inc. grew its holdings in iShares S&P 500 Growth ETF by 27.1% during the second quarter. Wedbush Securities Inc. now owns 5,373 shares of the company’s stock worth $497,000 after buying an additional 1,147 shares in the last quarter. MGO One Seven LLC grew its holdings in iShares S&P 500 Growth ETF by 33.7% during the second quarter. MGO One Seven LLC now owns 15,849 shares of the company’s stock worth $1,467,000 after buying an additional 3,997 shares in the last quarter. Johnson Investment Counsel Inc. grew its holdings in iShares S&P 500 Growth ETF by 1.2% during the second quarter. Johnson Investment Counsel Inc. now owns 134,672 shares of the company’s stock worth $12,463,000 after buying an additional 1,544 shares in the last quarter. Finally, PFG Advisors grew its holdings in iShares S&P 500 Growth ETF by 283.3% during the second quarter. PFG Advisors now owns 35,651 shares of the company’s stock worth $3,299,000 after buying an additional 26,350 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Down 1.2 %

IVW stock traded down $1.20 during midday trading on Friday, hitting $101.34. The company’s stock had a trading volume of 1,357,843 shares, compared to its average volume of 1,969,542. The stock’s 50-day moving average price is $101.71 and its 200 day moving average price is $96.30. iShares S&P 500 Growth ETF has a 1 year low of $74.61 and a 1 year high of $105.64. The stock has a market cap of $53.09 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14.

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.