Adaptive Financial Consulting LLC Sells 1,886 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Adaptive Financial Consulting LLC cut its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 194,214 shares of the company’s stock after selling 1,886 shares during the quarter. iShares S&P 500 Growth ETF accounts for 8.2% of Adaptive Financial Consulting LLC’s investment portfolio, making the stock its 5th largest position. Adaptive Financial Consulting LLC’s holdings in iShares S&P 500 Growth ETF were worth $19,719,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in IVW. International Assets Investment Management LLC lifted its holdings in iShares S&P 500 Growth ETF by 10,365.3% during the 3rd quarter. International Assets Investment Management LLC now owns 1,584,755 shares of the company’s stock worth $151,740,000 after buying an additional 1,569,612 shares in the last quarter. The Manufacturers Life Insurance Company purchased a new stake in shares of iShares S&P 500 Growth ETF in the 3rd quarter valued at approximately $82,464,000. Arvest Bank Trust Division purchased a new stake in shares of iShares S&P 500 Growth ETF in the 3rd quarter valued at approximately $56,971,000. Strategic Financial Concepts LLC increased its position in shares of iShares S&P 500 Growth ETF by 10,066.9% in the 4th quarter. Strategic Financial Concepts LLC now owns 425,892 shares of the company’s stock valued at $479,000 after purchasing an additional 421,703 shares during the last quarter. Finally, Sanctuary Advisors LLC increased its position in shares of iShares S&P 500 Growth ETF by 29.8% in the 3rd quarter. Sanctuary Advisors LLC now owns 1,412,222 shares of the company’s stock valued at $140,686,000 after purchasing an additional 324,178 shares during the last quarter.

iShares S&P 500 Growth ETF Trading Down 2.4 %

Shares of NYSEARCA:IVW opened at $103.43 on Friday. iShares S&P 500 Growth ETF has a 52 week low of $79.07 and a 52 week high of $107.14. The company’s 50 day moving average is $104.04 and its two-hundred day moving average is $98.94. The company has a market cap of $57.71 billion, a PE ratio of 33.87 and a beta of 1.07.

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.