Willis Johnson & Associates Inc. Lowers Stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Willis Johnson & Associates Inc. cut its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVWFree Report) by 5.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 123,634 shares of the company’s stock after selling 7,472 shares during the period. iShares S&P 500 Growth ETF comprises about 1.0% of Willis Johnson & Associates Inc.’s investment portfolio, making the stock its 23rd largest position. Willis Johnson & Associates Inc.’s holdings in iShares S&P 500 Growth ETF were worth $12,553,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in IVW. Mountain Hill Investment Partners Corp. bought a new position in iShares S&P 500 Growth ETF in the 4th quarter worth about $28,000. BankPlus Trust Department purchased a new stake in shares of iShares S&P 500 Growth ETF in the fourth quarter valued at approximately $36,000. Hantz Financial Services Inc. bought a new position in iShares S&P 500 Growth ETF in the fourth quarter worth approximately $40,000. Compass Financial Services Inc purchased a new position in iShares S&P 500 Growth ETF during the 4th quarter worth $40,000. Finally, Bellevue Asset Management LLC bought a new stake in iShares S&P 500 Growth ETF during the 4th quarter valued at $42,000.

iShares S&P 500 Growth ETF Trading Up 0.1%

Shares of IVW stock opened at $103.99 on Tuesday. iShares S&P 500 Growth ETF has a twelve month low of $79.31 and a twelve month high of $107.14. The stock has a fifty day simple moving average of $93.64 and a two-hundred day simple moving average of $99.20. The stock has a market capitalization of $56.77 billion, a price-to-earnings ratio of 29.66 and a beta of 1.12.

iShares S&P 500 Growth ETF Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for iShares S&P 500 Growth ETF (NYSEARCA:IVW)

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