iShares S&P 500 Growth ETF (NYSEARCA:IVW) Sees Large Decline in Short Interest

iShares S&P 500 Growth ETF (NYSEARCA:IVW) was the recipient of a large decrease in short interest in February. As of February 13th, there was short interest totaling 1,242,408 shares, a decrease of 26.7% from the January 29th total of 1,695,531 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily volume of 4,910,524 shares, the short-interest ratio is currently 0.3 days. Based on an average daily volume of 4,910,524 shares, the short-interest ratio is currently 0.3 days. Approximately 0.2% of the shares of the company are sold short.

iShares S&P 500 Growth ETF Trading Up 1.0%

iShares S&P 500 Growth ETF stock traded up $1.21 during trading on Wednesday, reaching $119.88. The company had a trading volume of 5,443,479 shares, compared to its average volume of 4,744,916. The firm has a market capitalization of $64.35 billion, a price-to-earnings ratio of 33.33 and a beta of 1.11. The firm’s 50-day simple moving average is $122.40 and its 200 day simple moving average is $121.22. iShares S&P 500 Growth ETF has a 52 week low of $79.31 and a 52 week high of $126.61.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Little House Capital LLC lifted its holdings in iShares S&P 500 Growth ETF by 2.0% during the third quarter. Little House Capital LLC now owns 3,993 shares of the company’s stock valued at $482,000 after purchasing an additional 80 shares in the last quarter. Wingate Wealth Advisors Inc. increased its stake in shares of iShares S&P 500 Growth ETF by 3.5% in the third quarter. Wingate Wealth Advisors Inc. now owns 2,488 shares of the company’s stock worth $300,000 after purchasing an additional 83 shares in the last quarter. Smith Moore & CO. raised its position in shares of iShares S&P 500 Growth ETF by 2.9% during the 3rd quarter. Smith Moore & CO. now owns 3,021 shares of the company’s stock valued at $365,000 after purchasing an additional 85 shares during the period. Frazier Financial Advisors LLC lifted its stake in shares of iShares S&P 500 Growth ETF by 11.4% during the 3rd quarter. Frazier Financial Advisors LLC now owns 843 shares of the company’s stock valued at $102,000 after buying an additional 86 shares in the last quarter. Finally, Gerber Kawasaki Wealth & Investment Management lifted its stake in shares of iShares S&P 500 Growth ETF by 0.7% during the 3rd quarter. Gerber Kawasaki Wealth & Investment Management now owns 11,647 shares of the company’s stock valued at $1,406,000 after buying an additional 86 shares in the last quarter.

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. The Growth Index is a subset of the S&P 500 and consists of those stocks in the S&P 500 exhibiting the strongest growth characteristics.