Willis Johnson & Associates Inc. Cuts Holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Willis Johnson & Associates Inc. decreased its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 5.7% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 123,634 shares of the company’s stock after selling 7,472 shares during the quarter. iShares S&P 500 Growth ETF accounts for about 1.0% of Willis Johnson & Associates Inc.’s holdings, making the stock its 23rd biggest holding. Willis Johnson & Associates Inc.’s holdings in iShares S&P 500 Growth ETF were worth $12,553,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of IVW. Mountain Hill Investment Partners Corp. purchased a new position in shares of iShares S&P 500 Growth ETF in the 4th quarter valued at $28,000. BankPlus Trust Department bought a new stake in iShares S&P 500 Growth ETF during the fourth quarter valued at about $36,000. Hantz Financial Services Inc. purchased a new position in iShares S&P 500 Growth ETF in the fourth quarter valued at about $40,000. Compass Financial Services Inc bought a new position in iShares S&P 500 Growth ETF in the fourth quarter worth about $40,000. Finally, Bellevue Asset Management LLC bought a new position in iShares S&P 500 Growth ETF in the fourth quarter worth about $42,000.

iShares S&P 500 Growth ETF Stock Performance

NYSEARCA:IVW opened at $103.99 on Tuesday. The company’s 50-day simple moving average is $93.64 and its 200-day simple moving average is $99.20. iShares S&P 500 Growth ETF has a fifty-two week low of $79.31 and a fifty-two week high of $107.14. The stock has a market capitalization of $56.77 billion, a P/E ratio of 29.66 and a beta of 1.12.

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.