Parallel Advisors LLC decreased its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW – Free Report) by 18.8% in the 1st quarter, HoldingsChannel.com reports. The firm owned 74,028 shares of the company’s stock after selling 17,152 shares during the period. Parallel Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $8,373,000 as of its most recent SEC filing.
Other hedge funds have also added to or reduced their stakes in the company. Strive Financial Group LLC acquired a new stake in iShares S&P 500 Growth ETF in the 4th quarter valued at $26,000. Decker Retirement Planning Inc. acquired a new position in shares of iShares S&P 500 Growth ETF during the 4th quarter worth about $28,000. Financial Network Wealth Advisors LLC boosted its stake in shares of iShares S&P 500 Growth ETF by 174.4% during the 4th quarter. Financial Network Wealth Advisors LLC now owns 225 shares of the company’s stock worth $28,000 after buying an additional 143 shares during the last quarter. Turning Point Benefit Group Inc. bought a new position in shares of iShares S&P 500 Growth ETF in the 3rd quarter valued at about $28,000. Finally, Darwin Wealth Management LLC bought a new position in shares of iShares S&P 500 Growth ETF in the 2nd quarter valued at about $30,000.
iShares S&P 500 Growth ETF Stock Performance
NYSEARCA:IVW opened at $134.26 on Monday. The stock’s 50-day simple moving average is $136.68 and its 200 day simple moving average is $127.06. The company has a market cap of $73.16 billion, a P/E ratio of 33.33 and a beta of 1.17. iShares S&P 500 Growth ETF has a 52-week low of $108.13 and a 52-week high of $141.98.
iShares S&P 500 Growth ETF 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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