Marino Stram & Associates LLC Sells 669 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Marino Stram & Associates LLC trimmed its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 7.4% during the first quarter, Holdings Channel reports. The institutional investor owned 8,362 shares of the company’s stock after selling 669 shares during the quarter. iShares S&P 500 Growth ETF makes up about 1.0% of Marino Stram & Associates LLC’s investment portfolio, making the stock its 18th biggest holding. Marino Stram & Associates LLC’s holdings in iShares S&P 500 Growth ETF were worth $1,441,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently made changes to their positions in IVW. Mosaic Family Wealth LLC lifted its stake in shares of iShares S&P 500 Growth ETF by 10.6% in the 1st quarter. Mosaic Family Wealth LLC now owns 1,562 shares of the company’s stock valued at $269,000 after purchasing an additional 150 shares during the period. RPg Family Wealth Advisory LLC lifted its stake in shares of iShares S&P 500 Growth ETF by 8.2% in the 1st quarter. RPg Family Wealth Advisory LLC now owns 2,081 shares of the company’s stock valued at $359,000 after purchasing an additional 158 shares during the period. GYL Financial Synergies LLC acquired a new position in shares of iShares S&P 500 Growth ETF in the 1st quarter valued at $761,000. Smith Shellnut Wilson LLC ADV acquired a new position in shares of iShares S&P 500 Growth ETF in the 1st quarter valued at $493,000. Finally, Northeast Financial Consultants Inc acquired a new position in shares of iShares S&P 500 Growth ETF in the 1st quarter valued at $991,000.

Shares of IVW stock traded down $0.31 during trading hours on Wednesday, reaching $176.69. The company had a trading volume of 9,711 shares, compared to its average volume of 704,877. iShares S&P 500 Growth ETF has a 1-year low of $140.49 and a 1-year high of $179.53.

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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.

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Want to see what other hedge funds are holding IVW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares S&P 500 Growth ETF (NYSEARCA:IVW).

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

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