Meridian Wealth Management LLC Sells 113 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Meridian Wealth Management LLC cut its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 7,895 shares of the company’s stock after selling 113 shares during the period. Meridian Wealth Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $802,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. BankPlus Trust Department bought a new position in iShares S&P 500 Growth ETF during the fourth quarter valued at approximately $36,000. Hantz Financial Services Inc. bought a new position in iShares S&P 500 Growth ETF during the fourth quarter valued at approximately $40,000. Compass Financial Services Inc bought a new position in iShares S&P 500 Growth ETF during the fourth quarter valued at approximately $40,000. POM Investment Strategies LLC boosted its stake in iShares S&P 500 Growth ETF by 194.8% during the fourth quarter. POM Investment Strategies LLC now owns 457 shares of the company’s stock valued at $46,000 after buying an additional 302 shares during the last quarter. Finally, Copley Financial Group Inc. bought a new position in iShares S&P 500 Growth ETF during the third quarter valued at approximately $64,000.

iShares S&P 500 Growth ETF Trading Down 0.9 %

Shares of iShares S&P 500 Growth ETF stock opened at $97.71 on Wednesday. The firm has a market cap of $54.52 billion, a PE ratio of 33.87 and a beta of 1.07. iShares S&P 500 Growth ETF has a 12 month low of $79.07 and a 12 month high of $107.14. The stock has a 50 day moving average of $103.58 and a 200 day moving average of $99.55.

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.