W.H. Cornerstone Investments Inc. Decreases Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

W.H. Cornerstone Investments Inc. decreased its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 21.8% during the 4th quarter, Holdings Channel reports. The firm owned 4,725 shares of the company’s stock after selling 1,316 shares during the quarter. W.H. Cornerstone Investments Inc.’s holdings in iShares S&P 500 Growth ETF were worth $355,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in IVW. Financial Connections Group Inc. purchased a new position in iShares S&P 500 Growth ETF during the 4th quarter valued at about $28,000. Goodwin Investment Advisory acquired a new position in shares of iShares S&P 500 Growth ETF during the 4th quarter worth approximately $29,000. Life Planning Partners Inc purchased a new stake in iShares S&P 500 Growth ETF in the 4th quarter valued at approximately $32,000. Howe & Rusling Inc. grew its holdings in iShares S&P 500 Growth ETF by 1,137.2% during the 3rd quarter. Howe & Rusling Inc. now owns 532 shares of the company’s stock valued at $36,000 after buying an additional 489 shares during the last quarter. Finally, Capital Investment Counsel Inc purchased a new position in iShares S&P 500 Growth ETF during the third quarter worth $42,000.

iShares S&P 500 Growth ETF Trading Up 1.9 %

Shares of NYSEARCA:IVW traded up $1.52 on Friday, hitting $83.37. The company had a trading volume of 2,580,985 shares, compared to its average volume of 3,509,656. The company has a market cap of $43.54 billion, a PE ratio of 27.41 and a beta of 1.12. iShares S&P 500 Growth ETF has a 52-week low of $63.19 and a 52-week high of $85.56. The business has a 50 day moving average of $83.10 and a 200 day moving average of $77.55.

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.