CIBC Private Wealth Group LLC decreased its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW – Free Report) by 2.1% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 94,845 shares of the company’s stock after selling 2,011 shares during the quarter. CIBC Private Wealth Group LLC’s holdings in iShares S&P 500 Growth ETF were worth $9,725,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently made changes to their positions in the company. Mountain Hill Investment Partners Corp. bought a new stake in iShares S&P 500 Growth ETF during the fourth quarter worth about $28,000. BankPlus Trust Department bought a new stake in iShares S&P 500 Growth ETF in the 4th quarter worth approximately $36,000. Hantz Financial Services Inc. purchased a new stake in iShares S&P 500 Growth ETF in the fourth quarter worth approximately $40,000. Compass Financial Services Inc bought a new position in iShares S&P 500 Growth ETF during the fourth quarter valued at approximately $40,000. Finally, Bellevue Asset Management LLC purchased a new position in shares of iShares S&P 500 Growth ETF during the fourth quarter worth approximately $42,000.
iShares S&P 500 Growth ETF Stock Performance
Shares of IVW opened at $93.50 on Wednesday. iShares S&P 500 Growth ETF has a fifty-two week low of $79.07 and a fifty-two week high of $107.14. The firm has a 50 day moving average price of $100.37 and a 200-day moving average price of $99.92. The firm has a market cap of $51.47 billion, a price-to-earnings ratio of 30.22 and a beta of 1.08.
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.
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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:IVW – Free Report).
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