GSB Wealth Management LLC Trims Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

GSB Wealth Management LLC cut its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 3.6% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 15,714 shares of the company’s stock after selling 595 shares during the quarter. GSB Wealth Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $1,596,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Lantz Financial LLC grew its stake in shares of iShares S&P 500 Growth ETF by 1.3% during the 4th quarter. Lantz Financial LLC now owns 53,606 shares of the company’s stock worth $5,443,000 after purchasing an additional 672 shares during the period. Eclectic Associates Inc. ADV acquired a new stake in shares of iShares S&P 500 Growth ETF during the 4th quarter worth approximately $6,419,000. Gradient Investments LLC grew its stake in shares of iShares S&P 500 Growth ETF by 2.7% during the 4th quarter. Gradient Investments LLC now owns 3,901 shares of the company’s stock worth $396,000 after purchasing an additional 103 shares during the period. Midwest Financial Group LLC grew its stake in shares of iShares S&P 500 Growth ETF by 3.3% during the 4th quarter. Midwest Financial Group LLC now owns 111,132 shares of the company’s stock worth $11,283,000 after purchasing an additional 3,513 shares during the period. Finally, Patriot Investment Management Group Inc. grew its stake in shares of iShares S&P 500 Growth ETF by 0.7% during the 4th quarter. Patriot Investment Management Group Inc. now owns 60,231 shares of the company’s stock worth $6,115,000 after purchasing an additional 432 shares during the period.

iShares S&P 500 Growth ETF Price Performance

Shares of NYSEARCA IVW opened at $106.26 on Friday. The stock has a market capitalization of $55.67 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a 12 month low of $77.20 and a 12 month high of $107.14. The firm’s 50 day simple moving average is $102.67 and its 200-day simple moving average is $97.05.

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.