TD Private Client Wealth LLC Trims Holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

TD Private Client Wealth LLC lowered its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 3.5% in the fourth quarter, Holdings Channel reports. The institutional investor owned 321,629 shares of the company’s stock after selling 11,815 shares during the quarter. iShares S&P 500 Growth ETF accounts for approximately 0.9% of TD Private Client Wealth LLC’s portfolio, making the stock its 24th biggest position. TD Private Client Wealth LLC’s holdings in iShares S&P 500 Growth ETF were worth $32,655,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. BankPlus Trust Department acquired a new position in iShares S&P 500 Growth ETF during the 4th quarter worth $36,000. Hantz Financial Services Inc. bought a new position in shares of iShares S&P 500 Growth ETF during the fourth quarter worth about $40,000. Compass Financial Services Inc acquired a new position in iShares S&P 500 Growth ETF in the fourth quarter worth about $40,000. Bellevue Asset Management LLC acquired a new position in iShares S&P 500 Growth ETF in the fourth quarter worth about $42,000. Finally, POM Investment Strategies LLC increased its holdings in iShares S&P 500 Growth ETF by 194.8% in the fourth quarter. POM Investment Strategies LLC now owns 457 shares of the company’s stock valued at $46,000 after buying an additional 302 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Down 0.2 %

NYSEARCA:IVW opened at $94.58 on Friday. The company has a market cap of $52.23 billion, a PE ratio of 30.05 and a beta of 1.08. The business’s 50 day moving average is $101.60 and its two-hundred day moving average is $99.58. iShares S&P 500 Growth ETF has a 52 week low of $79.07 and a 52 week high of $107.14.

iShares S&P 500 Growth ETF 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.