Garden State Investment Advisory Services LLC Sells 1,446 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Garden State Investment Advisory Services LLC reduced its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 30.9% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,229 shares of the company’s stock after selling 1,446 shares during the period. Garden State Investment Advisory Services LLC’s holdings in iShares S&P 500 Growth ETF were worth $299,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. 1620 Investment Advisors Inc. acquired a new position in shares of iShares S&P 500 Growth ETF during the second quarter worth approximately $34,000. Financial Connections Group Inc. acquired a new position in iShares S&P 500 Growth ETF during the second quarter worth $35,000. CarsonAllaria Wealth Management Ltd. lifted its stake in shares of iShares S&P 500 Growth ETF by 45.5% in the first quarter. CarsonAllaria Wealth Management Ltd. now owns 400 shares of the company’s stock valued at $34,000 after buying an additional 125 shares in the last quarter. GPS Wealth Strategies Group LLC grew its holdings in shares of iShares S&P 500 Growth ETF by 91.3% during the second quarter. GPS Wealth Strategies Group LLC now owns 417 shares of the company’s stock valued at $39,000 after buying an additional 199 shares during the last quarter. Finally, Avondale Wealth Management grew its holdings in shares of iShares S&P 500 Growth ETF by 56.1% during the second quarter. Avondale Wealth Management now owns 434 shares of the company’s stock valued at $40,000 after buying an additional 156 shares during the last quarter.

iShares S&P 500 Growth ETF Price Performance

IVW opened at $94.91 on Friday. iShares S&P 500 Growth ETF has a fifty-two week low of $65.53 and a fifty-two week high of $97.22. The firm has a market capitalization of $49.72 billion, a PE ratio of 28.52 and a beta of 1.14. The company’s 50-day moving average is $91.42 and its 200 day moving average is $88.40.

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.