W.H. Cornerstone Investments Inc. Reduces Holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

W.H. Cornerstone Investments Inc. reduced its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 21.8% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 4,725 shares of the company’s stock after selling 1,316 shares during the quarter. W.H. Cornerstone Investments Inc.’s holdings in iShares S&P 500 Growth ETF were worth $355,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the business. Pinnacle Associates Ltd. increased its stake in shares of iShares S&P 500 Growth ETF by 55.5% in the 3rd quarter. Pinnacle Associates Ltd. now owns 6,085 shares of the company’s stock worth $416,000 after acquiring an additional 2,171 shares during the last quarter. Bank of New York Mellon Corp grew its stake in shares of iShares S&P 500 Growth ETF by 113.8% in the 3rd quarter. Bank of New York Mellon Corp now owns 539,244 shares of the company’s stock valued at $36,895,000 after buying an additional 287,025 shares during the period. Brown Advisory Inc. increased its holdings in shares of iShares S&P 500 Growth ETF by 2.1% during the 3rd quarter. Brown Advisory Inc. now owns 101,163 shares of the company’s stock worth $6,922,000 after buying an additional 2,106 shares during the last quarter. Sage Mountain Advisors LLC raised its position in shares of iShares S&P 500 Growth ETF by 37.6% during the 3rd quarter. Sage Mountain Advisors LLC now owns 5,273 shares of the company’s stock valued at $361,000 after buying an additional 1,441 shares during the period. Finally, Canal Capital Management LLC lifted its holdings in iShares S&P 500 Growth ETF by 22.9% in the third quarter. Canal Capital Management LLC now owns 4,976 shares of the company’s stock valued at $340,000 after acquiring an additional 928 shares during the last quarter.

iShares S&P 500 Growth ETF Trading Up 1.9 %

IVW stock traded up $1.52 during midday trading on Friday, hitting $83.37. 2,580,985 shares of the company’s stock were exchanged, compared to its average volume of 3,509,656. iShares S&P 500 Growth ETF has a 1-year low of $63.19 and a 1-year high of $85.56. The stock has a market capitalization of $43.54 billion, a PE ratio of 27.41 and a beta of 1.12. The business has a 50-day simple moving average of $83.10 and a two-hundred day simple moving average of $77.55.

iShares S&P 500 Growth ETF 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.