iShares S&P 500 Growth ETF (NYSEARCA:IVW) Shares Sold by MMA Asset Management LLC

MMA Asset Management LLC lowered its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 75.0% during the fourth quarter, Holdings Channel.com reports. The fund owned 11,655 shares of the company’s stock after selling 35,046 shares during the quarter. MMA Asset Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $1,183,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in IVW. Allspring Global Investments Holdings LLC boosted its holdings in iShares S&P 500 Growth ETF by 35,928.6% in the third quarter. Allspring Global Investments Holdings LLC now owns 2,522 shares of the company’s stock valued at $241,000 after acquiring an additional 2,515 shares during the last quarter. Lowe Brockenbrough & Co. Inc. lifted its stake in shares of iShares S&P 500 Growth ETF by 45.4% during the third quarter. Lowe Brockenbrough & Co. Inc. now owns 64,043 shares of the company’s stock worth $6,132,000 after purchasing an additional 19,989 shares in the last quarter. Farther Finance Advisors LLC lifted its stake in shares of iShares S&P 500 Growth ETF by 23.3% during the third quarter. Farther Finance Advisors LLC now owns 240,965 shares of the company’s stock worth $23,072,000 after purchasing an additional 45,535 shares in the last quarter. Chicago Partners Investment Group LLC lifted its stake in shares of iShares S&P 500 Growth ETF by 4.8% during the third quarter. Chicago Partners Investment Group LLC now owns 13,427 shares of the company’s stock worth $1,295,000 after purchasing an additional 620 shares in the last quarter. Finally, Mathes Company Inc. acquired a new position in shares of iShares S&P 500 Growth ETF during the third quarter worth about $220,000.

iShares S&P 500 Growth ETF Price Performance

Shares of IVW opened at $101.17 on Friday. The stock’s 50-day moving average is $103.83 and its two-hundred day moving average is $99.41. The stock has a market cap of $56.45 billion, a PE ratio of 33.87 and a beta of 1.07. iShares S&P 500 Growth ETF has a 12 month low of $79.07 and a 12 month high of $107.14.

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.