Shearwater Capital LLC Trims Stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Shearwater Capital LLC lessened its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 5.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,955 shares of the company’s stock after selling 221 shares during the quarter. Shearwater Capital LLC’s holdings in iShares S&P 500 Growth ETF were worth $402,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of the business. Davis Capital Management lifted its holdings in iShares S&P 500 Growth ETF by 78.4% during the third quarter. Davis Capital Management now owns 412 shares of the company’s stock valued at $39,000 after purchasing an additional 181 shares in the last quarter. Element Wealth LLC boosted its stake in shares of iShares S&P 500 Growth ETF by 31.1% in the third quarter. Element Wealth LLC now owns 577 shares of the company’s stock worth $55,000 after acquiring an additional 137 shares during the period. Valued Wealth Advisors LLC grew its position in shares of iShares S&P 500 Growth ETF by 160.2% during the third quarter. Valued Wealth Advisors LLC now owns 601 shares of the company’s stock worth $58,000 after purchasing an additional 370 shares in the last quarter. Copley Financial Group Inc. bought a new stake in iShares S&P 500 Growth ETF during the 3rd quarter valued at approximately $64,000. Finally, ORG Wealth Partners LLC purchased a new position in iShares S&P 500 Growth ETF in the 3rd quarter worth approximately $66,000.

iShares S&P 500 Growth ETF Stock Performance

Shares of iShares S&P 500 Growth ETF stock traded up $0.49 on Wednesday, hitting $102.90. 1,092,599 shares of the company traded hands, compared to its average volume of 1,924,284. iShares S&P 500 Growth ETF has a 52 week low of $73.94 and a 52 week high of $105.64. The business has a 50-day simple moving average of $101.47 and a 200 day simple moving average of $96.21. The stock has a market capitalization of $53.91 billion, a P/E ratio of 28.52 and a beta of 1.14.

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.