Parthenon LLC Sells 1,380 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Parthenon LLC lowered its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 21.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,136 shares of the company’s stock after selling 1,380 shares during the period. Parthenon LLC’s holdings in iShares S&P 500 Growth ETF were worth $521,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. International Assets Investment Management LLC lifted its stake in shares of iShares S&P 500 Growth ETF by 10,365.3% in the 3rd quarter. International Assets Investment Management LLC now owns 1,584,755 shares of the company’s stock valued at $151,740,000 after purchasing an additional 1,569,612 shares during the period. The Manufacturers Life Insurance Company purchased a new position in iShares S&P 500 Growth ETF during the third quarter valued at $82,464,000. Arvest Bank Trust Division bought a new stake in shares of iShares S&P 500 Growth ETF during the 3rd quarter valued at $56,971,000. Strategic Financial Concepts LLC grew its position in shares of 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 worth $479,000 after buying an additional 421,703 shares during the period. Finally, Sanctuary Advisors LLC increased its stake in shares of iShares S&P 500 Growth ETF by 29.8% in the 3rd quarter. Sanctuary Advisors LLC now owns 1,412,222 shares of the company’s stock worth $140,686,000 after acquiring an additional 324,178 shares in the last quarter.

iShares S&P 500 Growth ETF Price Performance

NYSEARCA:IVW opened at $106.69 on Thursday. The firm has a market capitalization of $59.53 billion, a P/E ratio of 33.87 and a beta of 1.07. iShares S&P 500 Growth ETF has a one year low of $79.07 and a one year high of $107.14. The company’s 50-day simple moving average is $104.02 and its 200 day simple moving average is $98.67.

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.