Farmers & Merchants Investments Inc. Has $11.89 Million Stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Farmers & Merchants Investments Inc. reduced its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 4.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 117,152 shares of the company’s stock after selling 5,014 shares during the quarter. Farmers & Merchants Investments Inc.’s holdings in iShares S&P 500 Growth ETF were worth $11,894,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the business. Alpha Financial Partners LLC acquired a new position in shares of iShares S&P 500 Growth ETF in the third quarter worth $11,343,000. Pinnacle Bancorp Inc. raised its position in iShares S&P 500 Growth ETF by 80.9% during the third quarter. Pinnacle Bancorp Inc. now owns 16,352 shares of the company’s stock valued at $1,566,000 after acquiring an additional 7,312 shares in the last quarter. Watts Gwilliam & Co. LLC acquired a new stake in iShares S&P 500 Growth ETF in the third quarter valued at approximately $10,776,000. Albion Financial Group UT grew its position in iShares S&P 500 Growth ETF by 10.4% in the third quarter. Albion Financial Group UT now owns 8,056 shares of the company’s stock worth $771,000 after acquiring an additional 756 shares in the last quarter. Finally, Hudson Capital Management LLC increased its stake in shares of iShares S&P 500 Growth ETF by 33.3% during the 3rd quarter. Hudson Capital Management LLC now owns 40,158 shares of the company’s stock worth $3,845,000 after purchasing an additional 10,029 shares during the last quarter.

iShares S&P 500 Growth ETF Trading Down 0.9 %

iShares S&P 500 Growth ETF stock opened at $104.75 on Friday. The company has a market capitalization of $54.88 billion, a P/E ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a 1-year low of $79.07 and a 1-year high of $107.14. The firm’s fifty day simple moving average is $103.56 and its 200-day simple moving average is $97.71.

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.