Goldman Sachs Group Inc. Sells 1,525,107 Shares of iShares S&P 500 Growth ETF $IVW

Goldman Sachs Group Inc. lessened its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVWFree Report) by 33.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,988,921 shares of the company’s stock after selling 1,525,107 shares during the quarter. Goldman Sachs Group Inc.’s holdings in iShares S&P 500 Growth ETF were worth $368,414,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Turning Point Benefit Group Inc. acquired a new position in iShares S&P 500 Growth ETF in the third quarter worth $28,000. Decker Retirement Planning Inc. bought a new position in shares of iShares S&P 500 Growth ETF in the fourth quarter valued at about $28,000. Darwin Wealth Management LLC acquired a new position in iShares S&P 500 Growth ETF during the 2nd quarter worth about $30,000. Howe & Rusling Inc. lifted its position in iShares S&P 500 Growth ETF by 484.1% during the 3rd quarter. Howe & Rusling Inc. now owns 257 shares of the company’s stock worth $31,000 after buying an additional 213 shares in the last quarter. Finally, Entrust Financial LLC acquired a new position in iShares S&P 500 Growth ETF during the 4th quarter worth about $33,000.

iShares S&P 500 Growth ETF Stock Down 3.8%

Shares of NYSEARCA:IVW opened at $134.60 on Friday. iShares S&P 500 Growth ETF has a 12 month low of $104.21 and a 12 month high of $141.98. The company’s 50-day moving average price is $129.14 and its two-hundred day moving average price is $124.23. The firm has a market cap of $72.95 billion, a P/E ratio of 33.33 and a beta of 1.17.

iShares S&P 500 Growth ETF Profile

(Free Report)

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.

Featured Stories

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:IVWFree Report).

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

Receive News & Ratings for iShares S&P 500 Growth ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares S&P 500 Growth ETF and related companies with MarketBeat.com's FREE daily email newsletter.