Oppenheimer Asset Management Inc. Decreases Holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Oppenheimer Asset Management Inc. trimmed its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 26.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,017 shares of the company’s stock after selling 2,842 shares during the period. Oppenheimer Asset Management Inc.’s holdings in iShares S&P 500 Growth ETF were worth $814,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in IVW. Kovack Advisors Inc. lifted its stake in shares of iShares S&P 500 Growth ETF by 12.8% in the fourth quarter. Kovack Advisors Inc. now owns 11,970 shares of the company’s stock worth $1,215,000 after buying an additional 1,355 shares in the last quarter. Nwam LLC lifted its stake in shares of iShares S&P 500 Growth ETF by 6.2% in the fourth quarter. Nwam LLC now owns 60,769 shares of the company’s stock worth $6,170,000 after buying an additional 3,527 shares in the last quarter. NewEdge Wealth LLC lifted its stake in shares of iShares S&P 500 Growth ETF by 2.2% in the fourth quarter. NewEdge Wealth LLC now owns 17,287 shares of the company’s stock worth $1,755,000 after buying an additional 380 shares in the last quarter. Bryn Mawr Capital Management LLC lifted its stake in shares of iShares S&P 500 Growth ETF by 2.9% in the fourth quarter. Bryn Mawr Capital Management LLC now owns 53,902 shares of the company’s stock worth $5,473,000 after buying an additional 1,531 shares in the last quarter. Finally, Siligmueller & Norvid Wealth Advisors LLC purchased a new position in shares of iShares S&P 500 Growth ETF in the fourth quarter worth about $1,273,000.

iShares S&P 500 Growth ETF Trading Down 0.9 %

NYSEARCA:IVW opened at $97.71 on Wednesday. The company’s 50-day moving average price is $103.58 and its 200-day moving average price is $99.55. The company has a market cap of $54.52 billion, a P/E ratio of 33.87 and a beta of 1.07. iShares S&P 500 Growth ETF has a twelve month low of $79.07 and a twelve month 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.