Trek Financial LLC Sells 22,948 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Trek Financial LLC reduced its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 13.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 149,670 shares of the company’s stock after selling 22,948 shares during the quarter. iShares S&P 500 Growth ETF comprises 1.1% of Trek Financial LLC’s holdings, making the stock its 19th largest position. Trek Financial LLC’s holdings in iShares S&P 500 Growth ETF were worth $15,196,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently bought and sold shares of IVW. Benjamin Edwards Inc. acquired a new position in shares of iShares S&P 500 Growth ETF in the third quarter valued at about $879,000. Hilltop Holdings Inc. boosted its holdings in iShares S&P 500 Growth ETF by 15.7% in the 3rd quarter. Hilltop Holdings Inc. now owns 4,284 shares of the company’s stock valued at $410,000 after purchasing an additional 581 shares during the period. Quantinno Capital Management LP grew its position in shares of iShares S&P 500 Growth ETF by 16.1% during the 3rd quarter. Quantinno Capital Management LP now owns 61,923 shares of the company’s stock worth $5,929,000 after purchasing an additional 8,582 shares in the last quarter. Quadrature Capital Ltd bought a new position in shares of iShares S&P 500 Growth ETF during the third quarter worth approximately $438,000. Finally, United Services Automobile Association raised its position in shares of iShares S&P 500 Growth ETF by 6.4% in the third quarter. United Services Automobile Association now owns 48,956 shares of the company’s stock valued at $4,688,000 after buying an additional 2,963 shares in the last quarter.

iShares S&P 500 Growth ETF Trading Down 6.1 %

Shares of IVW stock opened at $83.65 on Friday. The stock has a 50 day simple moving average of $99.33 and a 200 day simple moving average of $99.79. iShares S&P 500 Growth ETF has a 1 year low of $79.07 and a 1 year high of $107.14. The stock has a market cap of $46.05 billion, a P/E ratio of 30.22 and a beta of 1.08.

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.