Kwmg LLC Sells 3,158 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Kwmg LLC cut its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1.1% during the 1st quarter, HoldingsChannel.com reports. The firm owned 274,833 shares of the company’s stock after selling 3,158 shares during the period. iShares S&P 500 Growth ETF accounts for 2.5% of Kwmg LLC’s investment portfolio, making the stock its 9th biggest position. Kwmg LLC’s holdings in iShares S&P 500 Growth ETF were worth $23,207,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in IVW. Kessler Investment Group LLC raised its stake in iShares S&P 500 Growth ETF by 0.8% during the fourth quarter. Kessler Investment Group LLC now owns 15,887 shares of the company’s stock worth $1,193,000 after acquiring an additional 129 shares during the period. Meridian Wealth Advisors LLC raised its position in shares of iShares S&P 500 Growth ETF by 0.6% during the 4th quarter. Meridian Wealth Advisors LLC now owns 23,696 shares of the company’s stock worth $1,780,000 after purchasing an additional 136 shares during the period. ICA Group Wealth Management LLC lifted its holdings in shares of iShares S&P 500 Growth ETF by 2.6% in the 4th quarter. ICA Group Wealth Management LLC now owns 5,535 shares of the company’s stock worth $416,000 after purchasing an additional 139 shares during the last quarter. Inspirion Wealth Advisors LLC boosted its position in iShares S&P 500 Growth ETF by 0.9% during the 1st quarter. Inspirion Wealth Advisors LLC now owns 16,090 shares of the company’s stock valued at $1,359,000 after purchasing an additional 140 shares during the period. Finally, Catalyst Financial Partners LLC grew its stake in iShares S&P 500 Growth ETF by 3.3% during the 4th quarter. Catalyst Financial Partners LLC now owns 4,425 shares of the company’s stock worth $332,000 after buying an additional 142 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Up 0.2 %

NYSEARCA IVW traded up $0.23 during trading hours on Wednesday, hitting $92.75. The company had a trading volume of 2,206,098 shares, compared to its average volume of 3,412,812. iShares S&P 500 Growth ETF has a fifty-two week low of $65.53 and a fifty-two week high of $93.81. The firm has a market cap of $48.59 billion, a P/E ratio of 28.52 and a beta of 1.14. The business has a fifty day simple moving average of $86.55 and a 200-day simple moving average of $82.20.

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.