Saxony Capital Management LLC reduced its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW – Free Report) by 26.0% in the fourth quarter, HoldingsChannel reports. The fund owned 28,020 shares of the company’s stock after selling 9,849 shares during the period. iShares S&P 500 Growth ETF accounts for 2.1% of Saxony Capital Management LLC’s portfolio, making the stock its 13th biggest holding. Saxony Capital Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $3,454,000 at the end of the most recent reporting period.
Several other hedge funds have also bought and sold shares of IVW. Little House Capital LLC grew its holdings in iShares S&P 500 Growth ETF by 2.0% in the third quarter. Little House Capital LLC now owns 3,993 shares of the company’s stock worth $482,000 after purchasing an additional 80 shares during the period. Wingate Wealth Advisors Inc. lifted its holdings in shares of iShares S&P 500 Growth ETF by 3.5% during the third quarter. Wingate Wealth Advisors Inc. now owns 2,488 shares of the company’s stock valued at $300,000 after purchasing an additional 83 shares during the last quarter. Smith Moore & CO. lifted its holdings in shares of iShares S&P 500 Growth ETF by 2.9% during the third 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 last quarter. Frazier Financial Advisors LLC boosted its position in shares of iShares S&P 500 Growth ETF by 11.4% in the 3rd quarter. Frazier Financial Advisors LLC now owns 843 shares of the company’s stock worth $102,000 after purchasing an additional 86 shares in the last quarter. Finally, Gerber Kawasaki Wealth & Investment Management grew its stake in shares of iShares S&P 500 Growth ETF by 0.7% in the 3rd quarter. Gerber Kawasaki Wealth & Investment Management now owns 11,647 shares of the company’s stock worth $1,406,000 after buying an additional 86 shares during the last quarter.
iShares S&P 500 Growth ETF Stock Down 0.8%
IVW stock opened at $108.71 on Tuesday. The business has a 50 day moving average of $119.53 and a 200 day moving average of $121.35. The firm has a market cap of $58.36 billion, a PE ratio of 33.33 and a beta of 1.11. iShares S&P 500 Growth ETF has a twelve month low of $79.31 and a twelve month high of $126.61.
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.
Further Reading
Want to see what other hedge funds are holding IVW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares S&P 500 Growth ETF (NYSEARCA:IVW – Free Report).
Receive News & Ratings for iShares S&P 500 Growth ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares S&P 500 Growth ETF and related companies with MarketBeat.com's FREE daily email newsletter.
