Financiere des Professionnels Fonds d investissement inc. lowered its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW – Free Report) by 88.6% in the 4th quarter, HoldingsChannel.com reports. The firm owned 29,600 shares of the company’s stock after selling 230,400 shares during the period. Financiere des Professionnels Fonds d investissement inc.’s holdings in iShares S&P 500 Growth ETF were worth $3,648,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Decker Retirement Planning Inc. purchased a new stake in shares of iShares S&P 500 Growth ETF in the fourth quarter valued at about $28,000. Turning Point Benefit Group Inc. purchased a new position in iShares S&P 500 Growth ETF in the third quarter worth $28,000. Entrust Financial LLC purchased a new position in iShares S&P 500 Growth ETF in the fourth quarter worth $33,000. Darwin Wealth Management LLC purchased a new position in iShares S&P 500 Growth ETF in the second quarter worth $30,000. Finally, Carolina Wealth Advisors LLC purchased a new position in iShares S&P 500 Growth ETF in the fourth quarter worth $36,000.
iShares S&P 500 Growth ETF Trading Down 2.3%
IVW stock opened at $131.55 on Thursday. The stock’s fifty day simple moving average is $130.56 and its two-hundred day simple moving average is $124.58. iShares S&P 500 Growth ETF has a 1-year low of $104.21 and a 1-year high of $141.98. The stock has a market cap of $71.29 billion, a P/E ratio of 33.33 and a beta of 1.17.
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.
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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).
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