Barings LLC trimmed its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW – Free Report) by 27.5% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 269,017 shares of the company’s stock after selling 102,192 shares during the quarter. iShares S&P 500 Growth ETF accounts for approximately 0.6% of Barings LLC’s holdings, making the stock its 21st biggest holding. Barings LLC’s holdings in iShares S&P 500 Growth ETF were worth $33,159,000 as of its most recent filing with the SEC.
Other hedge funds also recently added to or reduced their stakes in the company. Decker Retirement Planning Inc. bought a new position in iShares S&P 500 Growth ETF during the fourth quarter valued at about $28,000. Turning Point Benefit Group Inc. bought a new position in iShares S&P 500 Growth ETF during the third quarter valued at about $28,000. Entrust Financial LLC bought a new position in iShares S&P 500 Growth ETF during the fourth quarter valued at about $33,000. Darwin Wealth Management LLC bought a new position in iShares S&P 500 Growth ETF during the second quarter valued at about $30,000. Finally, Carolina Wealth Advisors LLC bought a new position in iShares S&P 500 Growth ETF during the fourth quarter valued at about $36,000.
iShares S&P 500 Growth ETF Stock Up 2.2%
Shares of NYSEARCA IVW opened at $134.50 on Friday. iShares S&P 500 Growth ETF has a 12 month low of $104.21 and a 12 month high of $141.98. The company has a market cap of $72.89 billion, a price-to-earnings ratio of 33.33 and a beta of 1.17. The business has a fifty day simple moving average of $130.99 and a 200-day simple moving average of $124.69.
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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