Independence Wealth Advisors Inc. Lowers Stock Holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Independence Wealth Advisors Inc. reduced its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 3.6% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 36,778 shares of the company’s stock after selling 1,379 shares during the quarter. iShares S&P 500 Growth ETF accounts for 7.0% of Independence Wealth Advisors Inc.’s portfolio, making the stock its 6th biggest holding. Independence Wealth Advisors Inc.’s holdings in iShares S&P 500 Growth ETF were worth $6,621,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Wilbanks Smith & Thomas Asset Management LLC lifted its holdings in iShares S&P 500 Growth ETF by 2.6% in the second quarter. Wilbanks Smith & Thomas Asset Management LLC now owns 2,359 shares of the company’s stock valued at $423,000 after acquiring an additional 59 shares during the period. Kessler Investment Group LLC lifted its holdings in iShares S&P 500 Growth ETF by 1.5% in the second quarter. Kessler Investment Group LLC now owns 4,458 shares of the company’s stock valued at $799,000 after acquiring an additional 65 shares during the period. Winthrop Advisory Group LLC lifted its holdings in iShares S&P 500 Growth ETF by 0.6% in the second quarter. Winthrop Advisory Group LLC now owns 11,027 shares of the company’s stock valued at $1,976,000 after acquiring an additional 70 shares during the period. TCI Wealth Advisors Inc. lifted its holdings in iShares S&P 500 Growth ETF by 8.8% in the third quarter. TCI Wealth Advisors Inc. now owns 877 shares of the company’s stock valued at $158,000 after acquiring an additional 71 shares during the period. Finally, Lee Financial Co lifted its holdings in iShares S&P 500 Growth ETF by 0.5% in the second quarter. Lee Financial Co now owns 16,669 shares of the company’s stock valued at $2,988,000 after acquiring an additional 75 shares during the period.

IVW stock traded up $0.48 during trading on Tuesday, reaching $185.10. The stock had a trading volume of 15,983 shares, compared to its average volume of 569,645. iShares S&P 500 Growth ETF has a 52 week low of $140.49 and a 52 week high of $185.23. The stock’s 50 day moving average is $180.87 and its two-hundred day moving average is $179.33.

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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