Integrated Capital Management LLC Cuts Stock Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Integrated Capital Management LLC lessened its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 6.8% during the first quarter, HoldingsChannel.com reports. The fund owned 6,793 shares of the company’s stock after selling 494 shares during the quarter. Integrated Capital Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $631,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Lee Danner & Bass Inc. acquired a new stake in iShares S&P 500 Growth ETF during the 4th quarter valued at $122,000. Mosley Wealth Management grew its holdings in iShares S&P 500 Growth ETF by 0.8% during the 4th quarter. Mosley Wealth Management now owns 54,889 shares of the company’s stock valued at $5,697,000 after purchasing an additional 424 shares in the last quarter. LPL Financial LLC grew its holdings in iShares S&P 500 Growth ETF by 14.4% during the 4th quarter. LPL Financial LLC now owns 17,940,390 shares of the company’s stock valued at $1,821,488,000 after purchasing an additional 2,257,493 shares in the last quarter. Meridian Wealth Partners LLC grew its holdings in iShares S&P 500 Growth ETF by 2.7% during the 4th quarter. Meridian Wealth Partners LLC now owns 168,185 shares of the company’s stock valued at $17,076,000 after purchasing an additional 4,455 shares in the last quarter. Finally, Mountain Hill Investment Partners Corp. acquired a new stake in iShares S&P 500 Growth ETF during the 4th quarter valued at $28,000.

iShares S&P 500 Growth ETF Price Performance

Shares of IVW stock opened at $112.31 on Friday. The firm has a fifty day moving average of $106.49 and a two-hundred day moving average of $100.83. The firm has a market cap of $61.79 billion, a P/E ratio of 33.33 and a beta of 1.05. iShares S&P 500 Growth ETF has a 1-year low of $79.31 and a 1-year high of $112.64.

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.