Short Interest in iShares S&P 500 Growth ETF (NYSEARCA:IVW) Grows By 37.9%

iShares S&P 500 Growth ETF (NYSEARCA:IVW) was the target of a significant growth in short interest during the month of January. As of January 30th, there was short interest totaling 1,695,531 shares, a growth of 37.9% from the January 15th total of 1,229,506 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 5,003,596 shares, the short-interest ratio is presently 0.3 days. Based on an average daily trading volume, of 5,003,596 shares, the short-interest ratio is presently 0.3 days. Currently, 0.3% of the shares of the stock are short sold.

Hedge Funds Weigh In On iShares S&P 500 Growth ETF

Several hedge funds have recently made changes to their positions in the company. Embree Financial Group increased its stake in shares of iShares S&P 500 Growth ETF by 358.1% in the 3rd quarter. Embree Financial Group now owns 38,283 shares of the company’s stock valued at $4,621,000 after purchasing an additional 29,926 shares during the last quarter. First Horizon Corp bought a new position in shares of iShares S&P 500 Growth ETF during the third quarter valued at $4,237,000. Atria Investments Inc lifted its holdings in iShares S&P 500 Growth ETF by 4.6% during the 3rd quarter. Atria Investments Inc now owns 457,419 shares of the company’s stock worth $55,220,000 after buying an additional 19,917 shares during the period. Clark Financial Services Group Inc. BD increased its position in iShares S&P 500 Growth ETF by 38.7% during the 3rd quarter. Clark Financial Services Group Inc. BD now owns 109,021 shares of the company’s stock valued at $13,161,000 after purchasing an additional 30,407 shares during the period. Finally, Fortis Capital Advisors LLC grew its holdings in iShares S&P 500 Growth ETF by 58.9% during the 3rd quarter. Fortis Capital Advisors LLC now owns 18,152 shares of the company’s stock worth $2,191,000 after acquiring an additional 6,732 shares during the period.

iShares S&P 500 Growth ETF Stock Performance

Shares of iShares S&P 500 Growth ETF stock traded down $0.48 on Friday, reaching $119.01. The company had a trading volume of 6,110,295 shares, compared to its average volume of 4,365,836. The firm has a market cap of $63.88 billion, a PE ratio of 33.33 and a beta of 1.11. The firm’s 50 day moving average price is $123.20 and its two-hundred day moving average price is $120.71. iShares S&P 500 Growth ETF has a 52-week low of $79.31 and a 52-week 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.