Summit Asset Management LLC Has $477,000 Stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Summit Asset Management LLC decreased its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 10.8% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 4,697 shares of the company’s stock after selling 570 shares during the period. Summit Asset Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $477,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in IVW. Hantz Financial Services Inc. acquired a new position in shares of iShares S&P 500 Growth ETF during the 4th quarter valued at about $40,000. Compass Financial Services Inc acquired a new position in shares of iShares S&P 500 Growth ETF during the 4th quarter valued at about $40,000. POM Investment Strategies LLC increased its holdings in shares of iShares S&P 500 Growth ETF by 194.8% during the 4th quarter. POM Investment Strategies LLC now owns 457 shares of the company’s stock valued at $46,000 after acquiring an additional 302 shares during the last quarter. Valued Wealth Advisors LLC increased its holdings in shares of iShares S&P 500 Growth ETF by 160.2% during the 3rd quarter. Valued Wealth Advisors LLC now owns 601 shares of the company’s stock valued at $58,000 after acquiring an additional 370 shares during the last quarter. Finally, Copley Financial Group Inc. acquired a new position in shares of iShares S&P 500 Growth ETF during the 3rd quarter valued at about $64,000.

iShares S&P 500 Growth ETF Stock Performance

Shares of NYSEARCA IVW opened at $103.43 on Friday. The firm has a market cap of $57.71 billion, a price-to-earnings ratio of 33.87 and a beta of 1.07. The business’s 50-day simple moving average is $104.04 and its 200-day simple moving average is $98.94. iShares S&P 500 Growth ETF has a 52 week low of $79.07 and a 52 week high of $107.14.

About iShares S&P 500 Growth ETF

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.