Hsbc Holdings PLC Has $10.35 Million Position in iShares S&P 500 Growth ETF $IVW

Hsbc Holdings PLC lessened its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 65.2% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 83,950 shares of the company’s stock after selling 157,450 shares during the period. Hsbc Holdings PLC’s holdings in iShares S&P 500 Growth ETF were worth $10,348,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Strive Financial Group LLC bought a new stake in shares of iShares S&P 500 Growth ETF in the 4th quarter valued at approximately $26,000. Decker Retirement Planning Inc. bought a new position in shares of iShares S&P 500 Growth ETF during the 4th quarter worth approximately $28,000. Financial Network Wealth Advisors LLC boosted its stake in iShares S&P 500 Growth ETF by 174.4% in the 4th quarter. Financial Network Wealth Advisors LLC now owns 225 shares of the company’s stock valued at $28,000 after buying an additional 143 shares in the last quarter. Turning Point Benefit Group Inc. acquired a new stake in iShares S&P 500 Growth ETF in the 3rd quarter valued at $28,000. Finally, Entrust Financial LLC bought a new stake in iShares S&P 500 Growth ETF in the fourth quarter valued at $33,000.

iShares S&P 500 Growth ETF Price Performance

Shares of NYSEARCA:IVW opened at $133.46 on Friday. The business’s fifty day moving average price is $134.56 and its two-hundred day moving average price is $125.60. iShares S&P 500 Growth ETF has a fifty-two week low of $107.97 and a fifty-two week high of $141.98. The stock has a market capitalization of $72.33 billion, a price-to-earnings ratio of 33.33 and a beta of 1.17.

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.