iShares S&P 500 Growth ETF $IVW Stock Position Decreased by Carnegie Investment Counsel

Carnegie Investment Counsel decreased its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 13.7% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 26,666 shares of the company’s stock after selling 4,246 shares during the quarter. Carnegie Investment Counsel’s holdings in iShares S&P 500 Growth ETF were worth $3,016,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in IVW. Focus Partners Wealth raised its position in iShares S&P 500 Growth ETF by 81.0% during the fourth quarter. Focus Partners Wealth now owns 1,920,546 shares of the company’s stock valued at $236,725,000 after acquiring an additional 859,584 shares in the last quarter. Fifth Third Bancorp grew its position in iShares S&P 500 Growth ETF by 131.3% in the first quarter. Fifth Third Bancorp now owns 1,497,810 shares of the company’s stock worth $169,417,000 after acquiring an additional 850,349 shares in the last quarter. Valpey Financial Services LLC grew its position in iShares S&P 500 Growth ETF by 11,889.3% in the fourth quarter. Valpey Financial Services LLC now owns 712,286 shares of the company’s stock worth $87,796,000 after acquiring an additional 706,345 shares in the last quarter. Align Financial LLC acquired a new position in shares of iShares S&P 500 Growth ETF during the 4th quarter worth $49,180,000. Finally, MML Investors Services LLC increased its stake in shares of iShares S&P 500 Growth ETF by 10.9% during the 4th quarter. MML Investors Services LLC now owns 3,645,204 shares of the company’s stock worth $449,308,000 after purchasing an additional 358,496 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Performance

iShares S&P 500 Growth ETF stock opened at $138.59 on Monday. The company has a market capitalization of $75.46 billion, a P/E ratio of 33.33 and a beta of 1.17. The firm’s fifty day simple moving average is $136.32 and its 200-day simple moving average is $126.64. iShares S&P 500 Growth ETF has a 1-year low of $108.13 and a 1-year high of $141.98.

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.