Sugar Maple Asset Management LLC Sells 311 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Sugar Maple Asset Management LLC cut its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 13.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,986 shares of the company’s stock after selling 311 shares during the quarter. Sugar Maple Asset Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $202,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. Ballentine Partners LLC grew its stake in shares of iShares S&P 500 Growth ETF by 0.5% during the 4th quarter. Ballentine Partners LLC now owns 23,342 shares of the company’s stock valued at $2,370,000 after acquiring an additional 118 shares during the period. Pure Financial Advisors LLC grew its stake in shares of iShares S&P 500 Growth ETF by 13.0% during the 4th quarter. Pure Financial Advisors LLC now owns 6,397 shares of the company’s stock valued at $650,000 after acquiring an additional 736 shares during the period. Abacus Wealth Partners LLC bought a new position in shares of iShares S&P 500 Growth ETF during the 4th quarter valued at approximately $208,000. Koshinski Asset Management Inc. grew its stake in shares of iShares S&P 500 Growth ETF by 0.9% during the 4th quarter. Koshinski Asset Management Inc. now owns 31,372 shares of the company’s stock valued at $3,185,000 after acquiring an additional 295 shares during the period. Finally, Hoese & Co LLP bought a new position in shares of iShares S&P 500 Growth ETF during the 4th quarter valued at approximately $105,000.

iShares S&P 500 Growth ETF Trading Up 1.3 %

Shares of NYSEARCA:IVW opened at $103.83 on Tuesday. The stock has a 50 day moving average of $102.15 and a 200 day moving average of $96.72. iShares S&P 500 Growth ETF has a 12-month low of $75.62 and a 12-month high of $105.64. The company has a market cap of $54.40 billion, a PE ratio of 28.52 and a beta of 1.14.

iShares S&P 500 Growth ETF Company 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.