Canal Capital Management LLC Has $9.87 Million Stock Holdings in iShares S&P 500 Growth ETF $IVW

Canal Capital Management LLC increased its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1,855.6% in the fourth quarter, Holdings Channel.com reports. The firm owned 80,063 shares of the company’s stock after purchasing an additional 75,969 shares during the quarter. iShares S&P 500 Growth ETF makes up 1.4% of Canal Capital Management LLC’s holdings, making the stock its 21st largest holding. Canal Capital Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $9,869,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Turning Point Benefit Group Inc. acquired a new position in shares of iShares S&P 500 Growth ETF in the third quarter valued at approximately $28,000. Davis Capital Management bought a new stake in shares of iShares S&P 500 Growth ETF during the third quarter worth $28,000. Howe & Rusling Inc. raised its holdings in shares of iShares S&P 500 Growth ETF by 484.1% during the third quarter. Howe & Rusling Inc. now owns 257 shares of the company’s stock worth $31,000 after acquiring an additional 213 shares during the period. Darwin Wealth Management LLC acquired a new stake in shares of iShares S&P 500 Growth ETF during the second quarter worth $30,000. Finally, Financial Consulate Inc. bought a new stake in iShares S&P 500 Growth ETF in the 3rd quarter valued at $41,000.

iShares S&P 500 Growth ETF Trading Down 0.4%

Shares of NYSEARCA IVW opened at $116.40 on Friday. The firm has a market cap of $62.48 billion, a PE ratio of 33.33 and a beta of 1.11. iShares S&P 500 Growth ETF has a 1-year low of $79.31 and a 1-year high of $126.61. The company has a fifty day moving average price of $121.13 and a 200 day moving average price of $121.45.

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.