North Berkeley Wealth Management LLC Reduces Holdings in iShares S&P 500 Growth ETF $IVW

North Berkeley Wealth Management LLC trimmed its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 4.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 87,819 shares of the company’s stock after selling 3,745 shares during the quarter. iShares S&P 500 Growth ETF comprises 6.4% of North Berkeley Wealth Management LLC’s holdings, making the stock its 5th biggest position. North Berkeley Wealth Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $10,825,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Smith Moore & CO. raised its position in shares of iShares S&P 500 Growth ETF by 2.9% during the 3rd quarter. Smith Moore & CO. now owns 3,021 shares of the company’s stock worth $365,000 after buying an additional 85 shares in the last quarter. Gerber Kawasaki Wealth & Investment Management raised its position in shares of iShares S&P 500 Growth ETF by 0.7% during the 3rd quarter. Gerber Kawasaki Wealth & Investment Management now owns 11,647 shares of the company’s stock worth $1,406,000 after buying an additional 86 shares in the last quarter. Proactive Wealth Strategies LLC raised its position in shares of iShares S&P 500 Growth ETF by 1.0% during the 4th quarter. Proactive Wealth Strategies LLC now owns 8,817 shares of the company’s stock worth $1,087,000 after buying an additional 86 shares in the last quarter. Ignite Planners LLC raised its position in shares of iShares S&P 500 Growth ETF by 4.7% during the 4th quarter. Ignite Planners LLC now owns 1,948 shares of the company’s stock worth $241,000 after buying an additional 88 shares in the last quarter. Finally, First National Bank & Trust Co. of Newtown raised its position in shares of iShares S&P 500 Growth ETF by 1.3% during the 4th quarter. First National Bank & Trust Co. of Newtown now owns 7,859 shares of the company’s stock worth $969,000 after buying an additional 100 shares in the last quarter.

iShares S&P 500 Growth ETF Trading Down 1.0%

IVW stock opened at $140.00 on Thursday. iShares S&P 500 Growth ETF has a 52 week low of $104.02 and a 52 week high of $141.98. The company has a market capitalization of $75.87 billion, a price-to-earnings ratio of 33.33 and a beta of 1.17. The firm’s 50-day moving average is $128.24 and its two-hundred day moving average is $124.03.

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. The Growth Index is a subset of the S&P 500 and consists of those stocks in the S&P 500 exhibiting the strongest growth characteristics.