Ironwood Wealth Management LLC. Trims Stock Holdings in iShares S&P 500 Growth ETF $IVW

Ironwood Wealth Management LLC. cut its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 8.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 148,474 shares of the company’s stock after selling 13,809 shares during the quarter. iShares S&P 500 Growth ETF accounts for about 5.5% of Ironwood Wealth Management LLC.’s holdings, making the stock its 5th biggest holding. Ironwood Wealth Management LLC.’s holdings in iShares S&P 500 Growth ETF were worth $18,573,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the company. Turning Point Benefit Group Inc. bought a new stake in shares of iShares S&P 500 Growth ETF during the third quarter worth about $28,000. Davis Capital Management bought a new position in iShares S&P 500 Growth ETF in the 3rd quarter valued at approximately $28,000. Howe & Rusling Inc. boosted its position in iShares S&P 500 Growth ETF by 484.1% during the 3rd quarter. Howe & Rusling Inc. now owns 257 shares of the company’s stock worth $31,000 after buying an additional 213 shares during the period. Darwin Wealth Management LLC acquired a new stake in iShares S&P 500 Growth ETF during the 2nd quarter worth approximately $30,000. Finally, Ransom Advisory Ltd bought a new stake in iShares S&P 500 Growth ETF during the 4th quarter worth approximately $37,000.

iShares S&P 500 Growth ETF Stock Performance

Shares of NYSEARCA IVW opened at $113.11 on Wednesday. The firm has a 50 day moving average price of $119.37 and a two-hundred day moving average price of $121.30. The stock has a market cap of $60.72 billion, a P/E ratio of 33.33 and a beta of 1.11. iShares S&P 500 Growth ETF has a 52-week low of $79.31 and a 52-week high of $126.61.

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. 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.