InterOcean Capital Group LLC Sells 1,677 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

InterOcean Capital Group LLC reduced its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 10.5% in the fourth quarter, HoldingsChannel reports. The firm owned 14,284 shares of the company’s stock after selling 1,677 shares during the period. InterOcean Capital Group LLC’s holdings in iShares S&P 500 Growth ETF were worth $1,073,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in IVW. Yousif Capital Management LLC bought a new stake in iShares S&P 500 Growth ETF in the third quarter worth approximately $207,000. WealthPlan Investment Management LLC grew its holdings in iShares S&P 500 Growth ETF by 70,826.1% during the third quarter. WealthPlan Investment Management LLC now owns 48,939 shares of the company’s stock worth $3,348,000 after buying an additional 48,870 shares in the last quarter. MGO One Seven LLC grew its holdings in iShares S&P 500 Growth ETF by 71.1% during the third quarter. MGO One Seven LLC now owns 6,341 shares of the company’s stock worth $434,000 after buying an additional 2,636 shares in the last quarter. Corient Private Wealth LLC grew its holdings in iShares S&P 500 Growth ETF by 243.1% during the third quarter. Corient Private Wealth LLC now owns 575,039 shares of the company’s stock worth $39,344,000 after buying an additional 407,453 shares in the last quarter. Finally, Signaturefd LLC boosted its position in iShares S&P 500 Growth ETF by 2.7% in the third quarter. Signaturefd LLC now owns 17,082 shares of the company’s stock worth $1,169,000 after purchasing an additional 456 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Up 0.8 %

IVW stock traded up $0.69 during midday trading on Thursday, hitting $87.59. The company’s stock had a trading volume of 558,725 shares, compared to its average volume of 3,199,744. The stock’s 50-day moving average price is $83.79 and its 200 day moving average price is $79.12. iShares S&P 500 Growth ETF has a 1 year low of $64.73 and a 1 year high of $87.98. The stock has a market cap of $45.89 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14.

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.