Total Wealth Planning LLC Trims Stock Holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Total Wealth Planning LLC reduced its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 7.5% during the 4th quarter, Holdings Channel reports. The fund owned 65,836 shares of the company’s stock after selling 5,331 shares during the period. iShares S&P 500 Growth ETF comprises about 0.9% of Total Wealth Planning LLC’s portfolio, making the stock its 26th biggest position. Total Wealth Planning LLC’s holdings in iShares S&P 500 Growth ETF were worth $4,944,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in IVW. Western Wealth Management LLC increased its stake in iShares S&P 500 Growth ETF by 2.8% in the third quarter. Western Wealth Management LLC now owns 229,483 shares of the company’s stock valued at $15,701,000 after purchasing an additional 6,320 shares during the last quarter. TrueWealth Advisors LLC acquired a new position in iShares S&P 500 Growth ETF in the third quarter valued at $204,000. Dfpg Investments LLC increased its stake in iShares S&P 500 Growth ETF by 15.0% in the fourth quarter. Dfpg Investments LLC now owns 17,478 shares of the company’s stock valued at $1,281,000 after purchasing an additional 2,277 shares during the last quarter. Northern Trust Corp increased its stake in iShares S&P 500 Growth ETF by 1.4% in the third quarter. Northern Trust Corp now owns 586,956 shares of the company’s stock valued at $40,160,000 after purchasing an additional 8,195 shares during the last quarter. Finally, Financial Perspectives Inc increased its stake in iShares S&P 500 Growth ETF by 2.5% in the fourth quarter. Financial Perspectives Inc now owns 90,929 shares of the company’s stock valued at $6,829,000 after purchasing an additional 2,209 shares during the last quarter.

iShares S&P 500 Growth ETF Trading Up 1.9 %

NYSEARCA:IVW traded up $1.56 on Friday, hitting $82.53. 1,811,103 shares of the stock were exchanged, compared to its average volume of 3,597,853. The stock has a market cap of $43.10 billion, a PE ratio of 27.41 and a beta of 1.12. The stock has a fifty day moving average of $83.03 and a 200-day moving average of $77.08. iShares S&P 500 Growth ETF has a fifty-two week low of $63.19 and a fifty-two week 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.