MA Private Wealth trimmed its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW – Free Report) by 4.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 373,599 shares of the company’s stock after selling 17,375 shares during the quarter. iShares S&P 500 Growth ETF comprises 7.7% of MA Private Wealth’s investment portfolio, making the stock its 3rd biggest position. MA Private Wealth owned 0.07% of iShares S&P 500 Growth ETF worth $46,050,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Decker Retirement Planning Inc. acquired a new position in iShares S&P 500 Growth ETF in the fourth quarter valued at approximately $28,000. Turning Point Benefit Group Inc. acquired a new stake in iShares S&P 500 Growth ETF during the third quarter worth $28,000. Darwin Wealth Management LLC purchased a new stake in iShares S&P 500 Growth ETF in the second quarter valued at $30,000. Howe & Rusling Inc. raised its position in iShares S&P 500 Growth ETF by 484.1% in the third quarter. Howe & Rusling Inc. now owns 257 shares of the company’s stock valued at $31,000 after purchasing an additional 213 shares during the period. Finally, Carolina Wealth Advisors LLC acquired a new position in shares of iShares S&P 500 Growth ETF in the 4th quarter valued at $36,000.
iShares S&P 500 Growth ETF Trading Up 0.8%
NYSEARCA IVW opened at $131.45 on Wednesday. The stock has a fifty day simple moving average of $120.39 and a 200-day simple moving average of $121.89. The stock has a market cap of $71.24 billion, a PE ratio of 33.33 and a beta of 1.17. iShares S&P 500 Growth ETF has a twelve month low of $95.32 and a twelve month high of $131.71.
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. The Growth Index is a subset of the S&P 500 and consists of those stocks in the S&P 500 exhibiting the strongest growth characteristics.
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