Birch Hill Investment Advisors LLC Trims Stock Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Birch Hill Investment Advisors LLC trimmed its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVWFree Report) by 2.5% in the 4th quarter, HoldingsChannel reports. The fund owned 6,950 shares of the company’s stock after selling 181 shares during the quarter. Birch Hill Investment Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $706,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in IVW. Hantz Financial Services Inc. purchased a new position in shares of iShares S&P 500 Growth ETF during the 4th quarter worth $40,000. Element Wealth LLC raised its position in iShares S&P 500 Growth ETF by 31.1% in the third quarter. Element Wealth LLC now owns 577 shares of the company’s stock valued at $55,000 after purchasing an additional 137 shares during the period. Valued Wealth Advisors LLC lifted its stake in iShares S&P 500 Growth ETF by 160.2% during the third quarter. Valued Wealth Advisors LLC now owns 601 shares of the company’s stock worth $58,000 after purchasing an additional 370 shares in the last quarter. Copley Financial Group Inc. acquired a new stake in shares of iShares S&P 500 Growth ETF in the third quarter valued at $64,000. Finally, ORG Wealth Partners LLC acquired a new position in iShares S&P 500 Growth ETF during the 3rd quarter worth about $66,000.

iShares S&P 500 Growth ETF Price Performance

NYSEARCA IVW opened at $104.75 on Friday. The company has a market cap of $54.88 billion, a P/E ratio of 28.52 and a beta of 1.14. The stock has a 50-day moving average of $103.56 and a two-hundred day moving average of $97.71. iShares S&P 500 Growth ETF has a 1-year low of $79.07 and a 1-year high of $107.14.

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.

Further Reading

Want to see what other hedge funds are holding IVW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares S&P 500 Growth ETF (NYSEARCA:IVWFree Report).

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

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