Carnegie Investment Counsel Sells 5,037 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Carnegie Investment Counsel reduced its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 13.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 32,209 shares of the company’s stock after selling 5,037 shares during the period. Carnegie Investment Counsel’s holdings in iShares S&P 500 Growth ETF were worth $3,270,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in IVW. River Street Advisors LLC raised its position in iShares S&P 500 Growth ETF by 17.5% in the third quarter. River Street Advisors LLC now owns 9,981 shares of the company’s stock worth $956,000 after acquiring an additional 1,483 shares during the period. NewEdge Advisors LLC raised its position in iShares S&P 500 Growth ETF by 87.6% in the second quarter. NewEdge Advisors LLC now owns 1,485,754 shares of the company’s stock worth $137,492,000 after acquiring an additional 693,848 shares during the period. Citigroup Inc. raised its position in iShares S&P 500 Growth ETF by 11.5% in the third quarter. Citigroup Inc. now owns 336,250 shares of the company’s stock worth $32,196,000 after acquiring an additional 34,624 shares during the period. Capstone Triton Financial Group LLC bought a new stake in iShares S&P 500 Growth ETF in the second quarter worth about $200,000. Finally, EverSource Wealth Advisors LLC raised its position in iShares S&P 500 Growth ETF by 47.6% in the second quarter. EverSource Wealth Advisors LLC now owns 23,552 shares of the company’s stock worth $2,150,000 after acquiring an additional 7,591 shares during the period.

iShares S&P 500 Growth ETF Stock Performance

Shares of IVW stock opened at $103.83 on Friday. The firm has a market cap of $54.40 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a 52 week low of $75.62 and a 52 week high of $105.64. The firm’s 50-day simple moving average is $102.10 and its two-hundred day simple moving average is $96.62.

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.