Hsbc Holdings PLC Trims Position in iShares S&P 500 Growth ETF $IVW

Hsbc Holdings PLC lowered its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 65.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 83,950 shares of the company’s stock after selling 157,450 shares during the quarter. Hsbc Holdings PLC’s holdings in iShares S&P 500 Growth ETF were worth $10,348,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Brookstone Capital Management increased its position in iShares S&P 500 Growth ETF by 5.7% during the fourth quarter. Brookstone Capital Management now owns 237,167 shares of the company’s stock worth $29,233,000 after purchasing an additional 12,778 shares during the last quarter. Capital Advantage Inc. raised its stake in iShares S&P 500 Growth ETF by 40.9% during the fourth quarter. Capital Advantage Inc. now owns 25,498 shares of the company’s stock worth $3,143,000 after purchasing an additional 7,396 shares during the period. Lido Advisors LLC boosted its holdings in shares of iShares S&P 500 Growth ETF by 6.5% in the 3rd quarter. Lido Advisors LLC now owns 3,639,449 shares of the company’s stock valued at $439,354,000 after purchasing an additional 221,311 shares during the last quarter. Embree Financial Group grew its stake in shares of iShares S&P 500 Growth ETF by 61.2% during the 4th quarter. Embree Financial Group now owns 61,699 shares of the company’s stock valued at $7,605,000 after buying an additional 23,416 shares during the period. Finally, Silver Oak Securities Incorporated grew its stake in shares of iShares S&P 500 Growth ETF by 270.9% during the 4th quarter. Silver Oak Securities Incorporated now owns 49,336 shares of the company’s stock valued at $6,126,000 after buying an additional 36,033 shares during the period.

iShares S&P 500 Growth ETF Trading Up 0.1%

Shares of IVW opened at $136.25 on Thursday. iShares S&P 500 Growth ETF has a twelve month low of $108.13 and a twelve month high of $141.98. The firm has a market capitalization of $74.22 billion, a P/E ratio of 33.33 and a beta of 1.17. The stock’s fifty day simple moving average is $135.96 and its 200 day simple moving average is $126.43.

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.