Seneca House Advisors Trims Holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Seneca House Advisors reduced its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 13.3% in the 1st quarter, Holdings Channel reports. The institutional investor owned 9,550 shares of the company’s stock after selling 1,470 shares during the period. Seneca House Advisors’ holdings in iShares S&P 500 Growth ETF were worth $806,000 at the end of the most recent quarter.

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

iShares S&P 500 Growth ETF Price Performance

Shares of NYSEARCA IVW traded down $0.71 during midday trading on Friday, hitting $92.54. The company’s stock had a trading volume of 1,918,465 shares, compared to its average volume of 3,389,791. iShares S&P 500 Growth ETF has a 1 year low of $65.53 and a 1 year high of $94.17. The firm has a market capitalization of $48.48 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. The business’s fifty day simple moving average is $87.28 and its two-hundred day simple moving average is $82.60.

About iShares S&P 500 Growth ETF

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.