Gallacher Capital Management LLC Has $4.37 Million Stock Holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Gallacher Capital Management LLC lessened its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 7.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 58,171 shares of the company’s stock after selling 4,889 shares during the quarter. iShares S&P 500 Growth ETF accounts for approximately 2.4% of Gallacher Capital Management LLC’s holdings, making the stock its 6th biggest holding. Gallacher Capital Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $4,369,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the business. Avidian Wealth Solutions LLC boosted its stake in iShares S&P 500 Growth ETF by 15.9% in the 4th quarter. Avidian Wealth Solutions LLC now owns 17,066 shares of the company’s stock valued at $1,282,000 after buying an additional 2,344 shares in the last quarter. National Bank of Canada FI boosted its stake in shares of iShares S&P 500 Growth ETF by 2.4% in the 4th quarter. National Bank of Canada FI now owns 38,244 shares of the company’s stock valued at $2,824,000 after purchasing an additional 899 shares in the last quarter. TCG Advisory Services LLC bought a new stake in shares of iShares S&P 500 Growth ETF in the 4th quarter worth about $301,000. First National Trust Co grew its holdings in shares of iShares S&P 500 Growth ETF by 1.8% in the 4th quarter. First National Trust Co now owns 12,036 shares of the company’s stock worth $904,000 after purchasing an additional 208 shares during the last quarter. Finally, Royal Fund Management LLC increased its position in shares of iShares S&P 500 Growth ETF by 32.9% during the 4th quarter. Royal Fund Management LLC now owns 226,528 shares of the company’s stock worth $17,015,000 after purchasing an additional 56,029 shares in the last quarter.

iShares S&P 500 Growth ETF Trading Up 1.9 %

IVW stock traded up $1.52 during trading on Friday, hitting $83.37. 2,580,985 shares of the stock traded hands, compared to its average volume of 3,509,656. The stock has a market cap of $43.54 billion, a price-to-earnings ratio of 27.41 and a beta of 1.12. iShares S&P 500 Growth ETF has a one year low of $63.19 and a one year high of $85.56. The company has a 50 day simple moving average of $83.10 and a 200 day simple moving average of $77.55.

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.