iShares S&P 500 Growth ETF (NYSEARCA:IVW) Shares Sold by Sterling Financial Planning Inc.

Sterling Financial Planning Inc. decreased its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 0.8% in the fourth quarter, Holdings Channel reports. The fund owned 172,690 shares of the company’s stock after selling 1,439 shares during the period. iShares S&P 500 Growth ETF accounts for approximately 5.6% of Sterling Financial Planning Inc.’s investment portfolio, making the stock its 4th largest holding. Sterling Financial Planning Inc.’s holdings in iShares S&P 500 Growth ETF were worth $12,969,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently bought and sold shares of IVW. Moneta Group Investment Advisors LLC raised its holdings in iShares S&P 500 Growth ETF by 111,454.4% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 552,700,957 shares of the company’s stock valued at $32,333,006,000 after acquiring an additional 552,205,503 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in iShares S&P 500 Growth ETF by 54.8% in the 3rd quarter. Envestnet Asset Management Inc. now owns 21,690,571 shares of the company’s stock valued at $1,484,069,000 after acquiring an additional 7,681,845 shares during the last quarter. LPL Financial LLC raised its holdings in iShares S&P 500 Growth ETF by 35.1% in the 3rd quarter. LPL Financial LLC now owns 7,697,945 shares of the company’s stock valued at $526,693,000 after acquiring an additional 1,998,078 shares during the last quarter. Envestnet Portfolio Solutions Inc. acquired a new stake in iShares S&P 500 Growth ETF in the 3rd quarter valued at about $133,439,000. Finally, Morgan Stanley raised its holdings in iShares S&P 500 Growth ETF by 5.5% in the 3rd quarter. Morgan Stanley now owns 29,378,514 shares of the company’s stock valued at $2,010,078,000 after acquiring an additional 1,542,503 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Performance

Shares of NYSEARCA IVW traded down $0.48 during midday trading on Thursday, reaching $81.12. 2,082,391 shares of the stock were exchanged, compared to its average volume of 3,702,123. The company has a 50 day simple moving average of $83.08 and a 200 day simple moving average of $76.49. The stock has a market capitalization of $42.57 billion, a P/E ratio of 28.34 and a beta of 1.10. iShares S&P 500 Growth ETF has a twelve month low of $63.10 and a twelve month high of $85.56.

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.