iShares S&P 500 Growth ETF (NYSEARCA:IVW) Shares Sold by DB Fitzpatrick & Co Inc

DB Fitzpatrick & Co Inc trimmed its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 45.0% in the second quarter, Holdings Channel.com reports. The institutional investor owned 2,649 shares of the company’s stock after selling 2,166 shares during the quarter. DB Fitzpatrick & Co Inc’s holdings in iShares S&P 500 Growth ETF were worth $245,000 as of its most recent filing with the SEC.

Other hedge funds also recently added to or reduced their stakes in the company. Watershed Private Wealth LLC boosted its stake in shares of iShares S&P 500 Growth ETF by 3.6% during the fourth quarter. Watershed Private Wealth LLC now owns 52,774 shares of the company’s stock valued at $3,963,000 after acquiring an additional 1,820 shares during the last quarter. Financial Perspectives Inc boosted its stake in iShares S&P 500 Growth ETF by 2.5% during the 4th quarter. Financial Perspectives Inc now owns 90,929 shares of the company’s stock valued at $6,829,000 after acquiring an additional 2,209 shares during the last quarter. Spire Wealth Management increased its holdings in iShares S&P 500 Growth ETF by 8.2% in the fourth quarter. Spire Wealth Management now owns 201,322 shares of the company’s stock valued at $15,623,000 after buying an additional 15,270 shares during the last quarter. Gimbal Financial bought a new position in iShares S&P 500 Growth ETF during the fourth quarter worth $12,588,000. Finally, Wilbanks Smith & Thomas Asset Management LLC grew its position in shares of iShares S&P 500 Growth ETF by 1.4% during the 4th quarter. Wilbanks Smith & Thomas Asset Management LLC now owns 12,035 shares of the company’s stock valued at $904,000 after buying an additional 164 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Up 2.1 %

IVW traded up $1.91 during trading on Thursday, reaching $92.57. The stock had a trading volume of 1,296,809 shares, compared to its average volume of 3,243,829. iShares S&P 500 Growth ETF has a 1-year low of $65.53 and a 1-year high of $97.22. The stock has a 50 day moving average of $91.74 and a two-hundred day moving average of $86.30. The firm has a market capitalization of $48.50 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14.

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.