Summit Financial Group Inc. Decreases Holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Summit Financial Group Inc. decreased its position in iShares S&P 500 Growth ETF (NYSEARCA:IVWFree Report) by 3.5% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 19,856 shares of the company’s stock after selling 730 shares during the period. Summit Financial Group Inc.’s holdings in iShares S&P 500 Growth ETF were worth $1,677,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of IVW. Financial Connections Group Inc. purchased a new stake in shares of iShares S&P 500 Growth ETF in the 4th quarter worth approximately $28,000. Goodwin Investment Advisory purchased a new stake in iShares S&P 500 Growth ETF during the 4th quarter valued at about $29,000. Life Planning Partners Inc purchased a new stake in iShares S&P 500 Growth ETF during the 4th quarter valued at about $32,000. Northwest Financial Advisors bought a new stake in iShares S&P 500 Growth ETF during the 4th quarter valued at about $38,000. Finally, Ruedi Wealth Management Inc. raised its holdings in iShares S&P 500 Growth ETF by 1,361.4% in the fourth quarter. Ruedi Wealth Management Inc. now owns 643 shares of the company’s stock worth $48,000 after buying an additional 599 shares during the last quarter.

iShares S&P 500 Growth ETF Price Performance

NYSEARCA IVW traded up $0.18 during trading hours on Wednesday, hitting $93.31. The company’s stock had a trading volume of 3,193,599 shares, compared to its average volume of 3,440,349. iShares S&P 500 Growth ETF has a 12 month low of $65.53 and a 12 month high of $93.56. The company’s 50 day simple moving average is $85.65 and its two-hundred day simple moving average is $81.50. The company has a market cap of $48.89 billion, a P/E ratio of 28.52 and a beta of 1.14.

About iShares S&P 500 Growth ETF

(Free Report)

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.

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Institutional Ownership by Quarter for iShares S&P 500 Growth ETF (NYSEARCA:IVW)

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