Global Financial Private Capital LLC Sells 5,140 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Global Financial Private Capital LLC lessened its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 47.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,664 shares of the company’s stock after selling 5,140 shares during the period. Global Financial Private Capital LLC’s holdings in iShares S&P 500 Growth ETF were worth $976,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the stock. Essex Savings Bank acquired a new position in iShares S&P 500 Growth ETF during the 4th quarter worth $40,000. Beacon Pointe Wealth Advisors LLC acquired a new position in shares of iShares S&P 500 Growth ETF during the fourth quarter valued at about $328,000. Partnervest Advisory Services LLC increased its stake in iShares S&P 500 Growth ETF by 57.5% in the fourth quarter. Partnervest Advisory Services LLC now owns 7,351 shares of the company’s stock valued at $1,108,000 after acquiring an additional 2,683 shares during the period. Johanson Financial Advisors Inc. increased its stake in iShares S&P 500 Growth ETF by 2.3% in the fourth quarter. Johanson Financial Advisors Inc. now owns 32,870 shares of the company’s stock valued at $4,952,000 after acquiring an additional 727 shares during the period. Finally, Financial Counselors Inc. increased its stake in iShares S&P 500 Growth ETF by 10.2% in the fourth quarter. Financial Counselors Inc. now owns 5,043 shares of the company’s stock valued at $760,000 after acquiring an additional 467 shares during the period.

NYSEARCA IVW traded up $0.64 on Friday, reaching $179.24. The company’s stock had a trading volume of 435,268 shares, compared to its average volume of 671,035. iShares S&P 500 Growth ETF has a 52 week low of $140.49 and a 52 week high of $181.59. The company’s 50-day moving average price is $175.54.

The business also recently announced a quarterly dividend, which was paid on Friday, June 21st. Stockholders of record on Tuesday, June 18th were given a dividend of $0.7493 per share. This represents a $3.00 dividend on an annualized basis and a dividend yield of 1.67%. This is a positive change from iShares S&P 500 Growth ETF’s previous quarterly dividend of $0.59. The ex-dividend date was Monday, June 17th.

iShares S&P 500 Growth ETF 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.

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Institutional Ownership by Quarter for iShares S&P 500 Growth ETF (NYSEARCA:IVW)

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