iShares S&P 500 Growth ETF (NYSEARCA:IVW) Shares Sold by Exchange Capital Management Inc.

Exchange Capital Management Inc. lessened its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 6.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,507 shares of the company’s stock after selling 165 shares during the period. Exchange Capital Management Inc.’s holdings in iShares S&P 500 Growth ETF were worth $255,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. BankPlus Trust Department purchased a new stake in shares of iShares S&P 500 Growth ETF in the fourth quarter worth approximately $36,000. Hantz Financial Services Inc. acquired a new position in iShares S&P 500 Growth ETF during the fourth quarter valued at approximately $40,000. Compass Financial Services Inc acquired a new position in iShares S&P 500 Growth ETF during the fourth quarter valued at approximately $40,000. POM Investment Strategies LLC grew its holdings in iShares S&P 500 Growth ETF by 194.8% during the fourth quarter. POM Investment Strategies LLC now owns 457 shares of the company’s stock valued at $46,000 after purchasing an additional 302 shares during the last quarter. Finally, Valued Wealth Advisors LLC grew its holdings in iShares S&P 500 Growth ETF by 160.2% during the third quarter. Valued Wealth Advisors LLC now owns 601 shares of the company’s stock valued at $58,000 after purchasing an additional 370 shares during the last quarter.

iShares S&P 500 Growth ETF Trading Down 1.1 %

Shares of iShares S&P 500 Growth ETF stock opened at $101.28 on Wednesday. The company’s fifty day simple moving average is $103.90 and its 200-day simple moving average is $99.24. The company has a market cap of $56.51 billion, a price-to-earnings ratio of 33.87 and a beta of 1.07. iShares S&P 500 Growth ETF has a 1 year low of $79.07 and a 1 year high of $107.14.

About iShares S&P 500 Growth ETF

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.