Ellis Investment Partners LLC Sells 847 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Ellis Investment Partners LLC cut its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1.1% in the fourth quarter, Holdings Channel.com reports. The firm owned 76,354 shares of the company’s stock after selling 847 shares during the period. iShares S&P 500 Growth ETF makes up approximately 1.5% of Ellis Investment Partners LLC’s holdings, making the stock its 16th largest holding. Ellis Investment Partners LLC’s holdings in iShares S&P 500 Growth ETF were worth $7,752,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. River Street Advisors LLC boosted its holdings in iShares S&P 500 Growth ETF by 17.5% in the 3rd quarter. River Street Advisors LLC now owns 9,981 shares of the company’s stock valued at $956,000 after purchasing an additional 1,483 shares during the period. Encompass Wealth Advisors LLC boosted its holdings in iShares S&P 500 Growth ETF by 2.0% in the 4th quarter. Encompass Wealth Advisors LLC now owns 367,564 shares of the company’s stock valued at $37,319,000 after purchasing an additional 7,349 shares during the period. Strategic Financial Concepts LLC boosted its holdings in iShares S&P 500 Growth ETF by 10,066.9% in the 4th quarter. Strategic Financial Concepts LLC now owns 425,892 shares of the company’s stock valued at $479,000 after purchasing an additional 421,703 shares during the period. Perigon Wealth Management LLC boosted its holdings in iShares S&P 500 Growth ETF by 3.9% in the 4th quarter. Perigon Wealth Management LLC now owns 104,980 shares of the company’s stock valued at $10,760,000 after purchasing an additional 3,942 shares during the period. Finally, Citigroup Inc. boosted its holdings in iShares S&P 500 Growth ETF by 11.5% in the 3rd quarter. Citigroup Inc. now owns 336,250 shares of the company’s stock valued at $32,196,000 after purchasing an additional 34,624 shares during the period.

iShares S&P 500 Growth ETF Stock Performance

NYSEARCA:IVW opened at $106.63 on Friday. The company has a 50-day moving average of $103.85 and a 200-day moving average of $98.24. The company has a market capitalization of $55.86 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a 52 week low of $79.07 and a 52 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.