Shearwater Capital LLC Cuts Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Shearwater Capital LLC trimmed its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 5.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,955 shares of the company’s stock after selling 221 shares during the period. Shearwater Capital LLC’s holdings in iShares S&P 500 Growth ETF were worth $402,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of IVW. Fulton Bank N.A. increased its position in shares of iShares S&P 500 Growth ETF by 75.6% during the 4th quarter. Fulton Bank N.A. now owns 6,925 shares of the company’s stock valued at $703,000 after purchasing an additional 2,982 shares during the last quarter. One Wealth Capital Management LLC bought a new position in iShares S&P 500 Growth ETF during the fourth quarter valued at $7,688,000. Ridgeline Wealth LLC purchased a new stake in shares of iShares S&P 500 Growth ETF in the fourth quarter valued at $233,000. CWA Asset Management Group LLC raised its stake in shares of iShares S&P 500 Growth ETF by 16.7% in the fourth quarter. CWA Asset Management Group LLC now owns 10,059 shares of the company’s stock valued at $1,021,000 after acquiring an additional 1,440 shares during the period. Finally, Dentgroup LLC lifted its holdings in shares of iShares S&P 500 Growth ETF by 0.6% in the 4th quarter. Dentgroup LLC now owns 25,864 shares of the company’s stock worth $2,626,000 after acquiring an additional 149 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Up 0.5 %

NYSEARCA:IVW traded up $0.49 during mid-day trading on Wednesday, hitting $102.90. 1,092,599 shares of the stock traded hands, compared to its average volume of 1,924,284. iShares S&P 500 Growth ETF has a 52 week low of $73.94 and a 52 week high of $105.64. The stock has a market capitalization of $53.91 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. The firm’s 50 day moving average is $101.47 and its two-hundred day moving average is $96.21.

iShares S&P 500 Growth ETF 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.