Dorsey Wright & Associates Has $3.26 Million Stock Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Dorsey Wright & Associates cut its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 32,148 shares of the company’s stock after selling 522 shares during the period. Dorsey Wright & Associates’ holdings in iShares S&P 500 Growth ETF were worth $3,264,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Strategic Financial Concepts LLC grew its stake in iShares S&P 500 Growth ETF by 10,066.9% during the fourth 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 last quarter. Advyzon Investment Management LLC acquired a new stake in iShares S&P 500 Growth ETF during the 4th quarter valued at $420,000. Encompass Wealth Advisors LLC raised its position 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 last quarter. Perigon Wealth Management LLC boosted its stake in iShares S&P 500 Growth ETF by 3.9% in the fourth quarter. Perigon Wealth Management LLC now owns 104,980 shares of the company’s stock worth $10,760,000 after purchasing an additional 3,942 shares in the last quarter. Finally, Amundi grew its holdings in shares of iShares S&P 500 Growth ETF by 464.0% during the fourth quarter. Amundi now owns 13,711 shares of the company’s stock worth $1,392,000 after purchasing an additional 11,280 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Down 2.4 %

iShares S&P 500 Growth ETF stock opened at $92.55 on Friday. The stock has a 50-day simple moving average of $100.81 and a 200 day simple moving average of $99.86. The stock has a market capitalization of $50.94 billion, a price-to-earnings ratio of 30.22 and a beta of 1.08. iShares S&P 500 Growth ETF has a 12-month low of $79.07 and a 12-month 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.