iShares S&P 500 Growth ETF (NYSEARCA:IVW) Holdings Cut by Verity Asset Management Inc.

Verity Asset Management Inc. reduced its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 48.5% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 19,325 shares of the company’s stock after selling 18,207 shares during the period. iShares S&P 500 Growth ETF accounts for 1.0% of Verity Asset Management Inc.’s investment portfolio, making the stock its 20th biggest holding. Verity Asset Management Inc.’s holdings in iShares S&P 500 Growth ETF were worth $1,962,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also modified their holdings of the company. Hantz Financial Services Inc. bought a new stake in shares of iShares S&P 500 Growth ETF during the 4th quarter worth about $40,000. Element Wealth LLC raised its position in shares of 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 shares of iShares S&P 500 Growth ETF by 160.2% in the third quarter. Valued Wealth Advisors LLC now owns 601 shares of the company’s stock worth $58,000 after buying an additional 370 shares during the last quarter. Copley Financial Group Inc. bought a new stake in shares of iShares S&P 500 Growth ETF during the 3rd quarter worth $64,000. Finally, ORG Wealth Partners LLC acquired a new position in iShares S&P 500 Growth ETF in the 3rd quarter valued at $66,000.

iShares S&P 500 Growth ETF Price Performance

iShares S&P 500 Growth ETF stock opened at $103.32 on Tuesday. The firm has a market cap of $54.13 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. The firm has a fifty day moving average price of $103.12 and a two-hundred day moving average price of $97.36. iShares S&P 500 Growth ETF has a fifty-two week low of $79.07 and a fifty-two week 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.