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

iShares S&P 500 Growth ETF (NYSEARCA:IVW) was the recipient of a large increase in short interest in February. As of February 27th, there was short interest totaling 1,569,008 shares, an increase of 26.3% from the February 12th total of 1,242,408 shares. Based on an average daily trading volume, of 4,423,495 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.3% of the shares of the company are sold short. Approximately 0.3% of the shares of the company are sold short. Based on an average daily trading volume, of 4,423,495 shares, the days-to-cover ratio is currently 0.4 days.

Hedge Funds Weigh In On iShares S&P 500 Growth ETF

A number of hedge funds have recently bought and sold shares of the business. Lane Brothers & Co. Inc. acquired a new stake in shares of iShares S&P 500 Growth ETF in the fourth quarter valued at approximately $861,000. Nalls Sherbakoff Group LLC acquired a new stake in iShares S&P 500 Growth ETF during the fourth quarter worth approximately $395,000. Green Ridge Wealth Planning LLC bought a new position in iShares S&P 500 Growth ETF during the 4th quarter worth $224,000. Rubicon Advisors GP bought a new position in iShares S&P 500 Growth ETF during the 4th quarter worth $575,000. Finally, Corient Private Wealth LLC raised its holdings in iShares S&P 500 Growth ETF by 13.2% in the 4th quarter. Corient Private Wealth LLC now owns 344,327 shares of the company’s stock valued at $42,440,000 after acquiring an additional 40,192 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Down 1.0%

Shares of IVW traded down $1.17 during midday trading on Friday, reaching $116.72. 4,757,503 shares of the stock were exchanged, compared to its average volume of 5,241,450. iShares S&P 500 Growth ETF has a twelve month low of $79.31 and a twelve month high of $126.61. The company has a market cap of $62.66 billion, a P/E ratio of 33.33 and a beta of 1.11. The stock’s 50 day simple moving average is $121.67 and its 200 day simple moving average is $121.47.

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. 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.